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Nokia aims to re-enter the mobile phone market through licensing

On Monday Nokia confirmed that it may start designing and licensing mobile phone handsets under its brand name in 2016.

Nokia said that it was searching a partner who would take on the manufacturing, sales, marketing and customer support for the products.

The company further said that a Nokia mobile phone would not reach the market before the fourth quarter of 2016 when Nokia’s agreement with partner Microsoft allows it to use the brand name again.

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