From CNET: A remnant of onetime phone giant Nokia could be planning to come back to a business the Finland-based company famously abandoned not so long ago: smartphones.
Nokia Technologies is working on a secret project that will result in the company announcing a new smartphone as early as 2016, Recode is reporting, citing people who claim to have knowledge of its plans. According to the report, Nokia would unveil the device and then license its design and name to another company that would handle production and sales.
Almost exactly a year ago, Microsoft formally acquired Nokia's phone business for $7.2 billion. The deal called for Microsoft to have the rights to use the Nokia name for a period of time and to continue producing Nokia smartphones through 2015. Nokia Technologies is one of three divisions that was not included in the sale.
Microsoft announced in late 2014 that it was abandoning the "Nokia" branding in smartphones in favor of Microsoft Lumia products. (The Lumia name had come over from Nokia.) At about the same time, Nokia announced a tablet, called the N1, that carried its own branding.
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