Nokia’s new CEO Rajeev Suri took the stage on November 14, and mapped out the future of the Finnish telecommunications giant after its phone business got acquired by Microsoft.

First off, as sad as this sounds, and despite some
unsubstantiated rumors, Nokia doesn’t plan on making
phones anymore. “We are not looking to a direct consumer
return to handsets per se,” were his actual words. Still, there
is a silver lining, and it is that there is an extremely high
interest in licensing the brand, he added, so at some point in
the longer term the Nokia name “will return to the consumer
world.” Now, whether this will be with phones, or other
devices and maybe services, remains to be seen, but the
hopes that Nokia will quickly start churning out Android
handsets seems dead and buried now.
As for the other aspects of the company, the CEO mentioned
that it won’t have its HERE brand of navigation software
compete directly with Google Maps, but instead rely on third-
party licensees like Amazon, Microsoft or Yahoo, in
business-to-business partnerships. We’d say that with the
release of the beta app for Android and iOSthis ship had
sailed, as the app offers options lacking in Google Maps, like
offline navigation, but whatever rocks the boat. Nokia’s CEO
expects that all three business units – Networks,
Technologies and the mapping business – will be returning to
growth and profitability very soon, but it’s the end of the line
for Nokia phones piece that strikes us the most in the end.
Source:- Phone Arena

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