They may be down, but don’t count them out.
According to knowledgeable sources in-the-know, Nokia is ready to get back into the mobile game.
Re/Code reports that mobile phones are just one part of Nokia’s comeback strategy, as they are working on several “ambitious technology projects.”
Even if the Nokia name comes back to the phone business, don’t expect Nokia to launch huge new manufacturing operations. It just sold those to Microsoft and isn’t eager to replicate them.
“They have a lot of great stuff in development,” Richard Kerris, a former Nokia executive is quoted by Re/Code. “It gave me complete confidence that Nokia is a company that is not going away.”
To check out the full report, click here.