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Posts: 57 | Thanked: 106 times | Joined on Mar 2015 @ Gotham
#34
DJCBS

1 - HMD, the company who has the global rights to the Nokia-branded phones, is a FINNISH company;

2 - Nokia holds a seat on HMD's board and has the ultimate saying on pretty much any phone made. It controls designs, quality, technology, consumer experience etc;

3 - the manufacturing will be done in partnership with Foxconn. Which is exactly what pretty much everyone else is doing, from Apple to Sony, including Microsoft itself (Foxconn builds the Xbox One in case you didn't know that).

4 - HMD's CEO is an ex-Nokia veteran. HMD's employees are ex-Nokians. HMD will be using Nokia patents for the phones.