Great news for Nokia fans, as the Finnish company has just confirmed that HMD Global, the owner of the Nokia phones brand, will be launching the first Android smartphones next year.
HMD also announced that it has completed the transaction between HMD, FIH Mobile Limited (a subsidiary of Hon Hai Precision Industries trading as Foxconn Technology Group) and Microsoft, so it can now begin operations as the new owner of the Nokia phones, under exclusive global brand license for the next 10 years.
Furthermore, Nokia stated that HMD will continue to launch feature phones, alongside a new range of smartphone and tablets. All will be announced by HMD later on.
Under the agreement, Nokia confirmed that HMD will pay royalties for sales of every Nokia branded mobile phone and tablet, covering both brand and intellectual property rights.