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Community Council | Posts: 4,920 | Thanked: 12,867 times | Joined on May 2012 @ Southerrn Finland
#36
Originally Posted by railroadmaster View Post
Essentially the whole thing is kinda like a way of moving money around. Nokia licenses their brand to another company who has to take people from their company and Nokia takes no real risk as HMD is the one selling the product and marketing but Nokia still makes money from it plus the company is largely former Nokia personnel and imagine a good amount of company shares are Nokia owned.
Close but no cigar.

There's no "largely former Nokia personnel" involved; it is just a marketing company employing a handful of people.

Design and manufacturing is done in China, and the devices will use standard off-the-shelf HW design and for SW, it will of course be just Android.
 

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