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Kacharagadla  •  IB Review

HMD TO ENTER THE MOBILE MARKET

HMD global founded to create new generation of  Nokia-branded smartphones, feature phones and tablets. Senior telco leaders secure key partnerships with  Nokia , Microsoft & FIH Mobile Ltd. HMD global founded to create new generation of Nokia-branded mobile phones and tablets Helsinki, Finland – 18 May, 2016  – Nokia-branded mobile phones and tablets are set to return to the global consumer market, created by a new company, HMD global Oy (“HMD”). HMD has been founded to provide a focused, independent home for a full range of Nokia-branded mobile phones and tablets. HMD has signed a strategic licensing agreement with Nokia Technologies, the advanced technology and licensing unit of Nokia Corporation, giving HMD sole use of the Nokia brand on mobile phones and tablets worldwide for the next decade, and cellular standard essential patent licenses. HMD intends to leverage and grow Nokia’s global brand reach, delivering beautifully designed, high quality prod...

Nokia signs strategic brand and intellectual property licensing agreement enabling HMD global to create new generation of Nokia-branded mobile phones and tablets

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Nokia signs strategic brand and intellectual property licensing agreement enabling HMD global to create new generation of Nokia-branded mobile phones and tablets Espoo, Finland  - Nokia has announced plans that will see the Nokia brand return to the mobile phone and tablet markets on a global basis. Under a strategic agreement covering branding rights and intellectual property licensing, Nokia Technologies will grant HMD global Oy (HMD), a newly founded company based in Finland, an exclusive global license  [1]  to create Nokia-branded mobile phones and tablets for the next ten years. Under the agreement, Nokia Technologies will receive royalty payments from HMD for sales of Nokia-branded mobile products, covering both brand and intellectual property rights. HMD has been founded to provide a focused, independent home for a full range of Nokia-branded feature phones, smartphones and tablets. To complete its portfolio of Nokia branding rights, HMD announced today th...