New Device Coming in 2016

folarin okunola

April 21, 2015 4:35 PM

Nokia sold all but three of its divisions - including its mobile phone and services division - to Microsoft in 2013.

Nokia Lumia 730

Finnish manufacturer, Nokia, which sold off its devices and services business to Microsoft in 2013, is reportedly working on a new smartphone that may launch as soon as next year.

In a Re/code report, the company is considering a return to the consumer phone market in 2016, although details as to what it’ll look like or run on are unknown.

The report also pointed out that Nokia is experimenting with other tech projects, possibly in the areas of virtual reality.

If any of this is to happen, it would come from Nokia Technologies, one of three divisions not sold to Microsoft, known for its patent portfolio of more than 10,000 patents and licenses created for new products. Very recently, Nokia launched the Android based N1 tablet and an android platform call Zlauncher.

It is very uncertain how Nokia intends to re-enter the phone market however, there are rumors that Nokia plans to buy competitor Alcatel-Lucent for $16.6 billion in stock.

It could also be selling its Here mapping unit, which – like the patent division – remained unsold after the Microsoft deal.

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folarin okunola