You can't hurry love, nor the next Nokia phone

The company is taking its time finding a licensee to build a branded handset

Nokia is looking for a licensee to make a phone carrying its brand, but it's not an urgent mission at the mobile network behemoth.

When the company sold its handset business to Microsoft in 2014, it retained the right to make phones under the Nokia name starting in the fourth quarter of this year. It's still searching out the right partner, CEO Rajeev Suri said.

"There's no rush. Could happen in 2016, could happen later," Suri said. If there is another Nokia handset, the company won't make it but will design it, he said. The partner will handle manufacturing and distribution and should be able to do it globally. The license fees and royalties would be good business for Nokia, Suri said.

The comments, in response to a question, were the most casual Suri made in a forceful press briefing on the eve of Mobile World Congress in Barcelona.

Mostly he crowed about the company's US$16.5 billion acquisition of Alcatel-Lucent, which it effectively finished in January. The new Nokia is ahead of schedule on cutting costs, is prepared to sell off more businesses if they aren't competitive, and hasn't had the kinds of infighting that has plagued other giant networking mergers, Suri said.

Nokia now controls one of the world's biggest wired network infrastructure companies, along with its own mobile network business. The handsets that made the Finnish company a household name around the world in the 1990s are no more since Nokia sold that business to Microsoft.

But Suri believes a Nokia-branded phone could carry a price premium due to that name recognition. He didn't say any more about what kind of partner the company's looking for, just that it wants to find the right one. Nokia also wants a way to back out of the deal if the licensee doesn't meet its standards -- sort of like a corporate prenuptial agreement.

Join the PC World newsletter!

Error: Please check your email address.

Tags MWC 2016

Our Back to Business guide highlights the best products for you to boost your productivity at home, on the road, at the office, or in the classroom.

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Stephen Lawson

IDG News Service
Show Comments

Most Popular Reviews

Latest News Articles


GGG Evaluation Team

Kathy Cassidy


First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.

Anthony Grifoni


For work use, Microsoft Word and Excel programs pre-installed on the device are adequate for preparing short documents.

Steph Mundell


The Fujitsu LifeBook UH574 allowed for great mobility without being obnoxiously heavy or clunky. Its twelve hours of battery life did not disappoint.

Andrew Mitsi


The screen was particularly good. It is bright and visible from most angles, however heat is an issue, particularly around the Windows button on the front, and on the back where the battery housing is located.

Simon Harriott


My first impression after unboxing the Q702 is that it is a nice looking unit. Styling is somewhat minimalist but very effective. The tablet part, once detached, has a nice weight, and no buttons or switches are located in awkward or intrusive positions.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?