Nokia wants to reclaim its faded glory.
Nokia used to be the world’s top phone-maker. Now the company wants to reclaim some of its faded glory.
Nokia [“NOK” CEO Rajeev Suri recently told the German business monthly Manager Magazin that the company plans to design mobile phones once again. Next year, mobile phone manufacturers will be able to license the brand.
“We will look for suitable partners,” Suri told the magazine.
In fact, Nokia already has a mobile device on the market: the N1 Android tablet, which it makes in partnership with Taiwanese manufacturer Foxconn. Given that relationship, some speculate that Nokia’s new phones could be Android-based and assembled with the help of that company.
Earlier this year, Nokia bought the French-American networking company Alcatel-Lucent for $17 billion to help gain a foothold in the U.S.
