Reiterating what you knew already, Nokia’s press release states that it has now come into force.
HMD and Foxconn will be producing Nokia phones for the next 10 years. This means the candybar phones we’re used to (mobile phones) and later, announcing smartphones.
Nokia will get some royalties for each Nokia smartphone/tablet sold under the Nokia brand.
Nokia’s Technologies president says:
We’ve been overwhelmed by the enthusiasm shown around the world for the return of the Nokia brand to smartphones. The HMD Global team has the ambition, talent and resources to bring a new generation of Nokia branded phones to market, and we wish them every success. I’m sure our millions of Nokia fans will be excited to see their new products!
Are you excited, Nokia fans? 😀
Cheers Alvester for the tip!