Return of the indestructible phones: Nokia is biding its time until the non-compete agreement with Microsoft expires in 2016, when it intends to get back into the mobile phone business.
FRANKFURT/HELSINKI: Nokia is hiring software experts, testing new products and seeking sales partners as it plots its return to the mobile phone and consumer tech arena it abandoned with the sale of its handset business.
Once the world's biggest maker of mobile phones, the Finnish firm was wrongfooted by the rise of smartphones and eclipsed by Apple and Samsung. It sold its handset business to Microsoft in late 2013 and has since focused squarely on making telecoms network equipment.
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