Nokia has discharged an announcement elucidating that it has no arrangements to re-enter the customer telephone market.
The organization emphasized that it won't be assembling or offering any shopper handsets, after reports proposed that the Finnish organization's handset business, now possessed by Microsoft, is wanting to come back to the cell phone advertise in 2016.
"Nokia notes late news reports guaranteeing the organization conveyed an aim to produce purchaser handsets out of a R&D office in China. These reports are false, and incorporate remarks mistakenly credited to a Nokia Networks official," Nokia said in an announcement.
At the point when Nokia's handset business was obtained by Microsoft in 2013 for $7.2 billion, the organization's gadgets and administrations business got to be marked under Microsoft's auxiliary, Microsoft Mobile Oy, which in the long run saw the Nokia brand eliminated from the Lumia cell phone territory.
The main vicinity Nokia holds in the cell phone business sector is on the Here mapping stage. In any case, Nokia affirmed that it is looking to offer Here, a business as of now esteemed at $2.1 billion, and the presumable purchaser may be Microsoft.
Here is one of three specialties units that Nokia still claims. General a year ago, it earned 10 percent of Nokia's €970 million in net deals; then again, with moderately high R&D costs of €540 million, the unit made a €32 million misfortune, which was down essentially on the €154 million misfortune
