Nokia Announces New Brand-Licensed Tablet Computer

Nokia HQ

Finland’s Nokia announced a brand-licensed tablet computer which runs on Google’s Android platform, just six month after the company sold its ailing phones and devices business to Microsoft for over $7 billion.

Nokia said the manufacturing, distribution and sales of the N1 tablet will be handled by Taiwan’s Foxconn.

Sebastian Nystrom, the head of products at Nokia’s Technologies unit, said the company was looking to follow up with more devices in the future.

The tablet, which sports Nokia’s own interface, is planned to be in stores in China in the first quarter of next year for an estimated price of $249 before taxes with sales to expand to other markets after that.

After the 5.6 billion-euro deal with Microsoft, Nokia was left with its network equipment and services business plus its smaller HERE mapping and navigation business and Technologies unit, which manages licensing payments on its patents and conducts research and development.

Last week Chief Executive Rajeev Suri said the company was looking into ways to bring its brand back into the consumer market through licensing deals with electronic product makers.

 

Reuters

 

Ivan Castilho
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Ivan Castilho is an entrepreneur and long-time Apple user since 2007, with a background in management and marketing. He holds a degree in Management and Marketing and multiple MBAs in Digital Marketing and Strategic Management. With a natural passion for music, art, graphic design, and interface design, Ivan combines business expertise with a creative mindset. Passionate about technology and innovation, he enjoys writing about disruptive trends and consumer tech, particularly within the Apple ecosystem.