Nokia Technologies pronounced Sunday it has no skeleton to resume smartphone manufacturing, denying new reports it would lapse to a business it famously deserted not so prolonged ago.
“Nokia records new news reports claiming a association communicated an goal to make consumer handsets out of a RD trickery in China,” a association pronounced in a statement. “These reports are false, and embody comments wrongly attributed to a Nokia Networks executive.”
Nokia was pronounced to be working on a tip project that would outcome in a association announcing a new smartphone as early as 2016. The Finland-based association was approaching to betray a device and afterwards permit a pattern and name to another association that would hoop prolongation and sales, according to a report.
The association was once a widespread handset builder in a universe though unsuccessful to adjust quickly to a touchscreen smartphone disturb and shortly found itself good behind Samsung and Apple. As Nokia attempted to reconstruct a business, business increasingly incited elsewhere.
Nokia exited a handset business one year ago when Microsoft rigourously acquired Nokia’s phone multiplication for $7.2 billion, giving Microsoft a rights to use a Nokia name for a duration of time and to continue producing Nokia smartphones by 2015. Nokia Technologies — one of 3 groups that was not enclosed in a sale — licenses a company’s patents to other firms and is charged with new product development.
Since it sole a handset business to Microsoft, Nokia has been focused on a long-running telecoms business, building apparatus that enables mobile networks to function, as good as a Here mapping service. Earlier this month, Nokia reliable it had finalized a understanding with Alcatel-Lucent to acquire a French-based telecommunications association for $16.6 billion.