Nokia reportedly looking to make a smartphone comeback; try new markets as well

Ever since Nokia sold off its smartphone division to Microsoft, the company has been fairly silent regarding its future. Many were predicting that Nokia would eventually return to the phone market that it used to rule, and according to some insiders, that might be the case.

Ina Fried at Re/code, cites unnamed sources “who were briefed on the matter”, saying that Nokia is looking to make a comeback in the smartphone market as soon as next year. Currently, the Finnish company is under contractual obligation to abstain from launching any phone products or licensing out their name on such devices, a term that was part of the deal with Microsoft.

But, according to this repor, the company will launch new devices next year once the deal expires. And you don’t have to look far to see an example of how Nokia’s new strategy will work. The company’s recently launched N1 tablet, designed in Espoo but constructed by a Chinese OEM, signals the way forward for the struggling company, which doesn’t want to get back in the manufacturing business.

According to these same insiders, the company has “a lot of great stuff in development” thanks to the research arm of Nokia Technologies, which stayed away from the Lumia Windows Phones and focused on new technologies. Virtual reality might be one platform where the company is looking to make a dent, futuristic robots and the internet of things might be others.

Then again, all of this is a bit speculative as many things can and will change between now and 2016 when some of these product might come out.

Source: Re/code

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