After Microsoft announced that it will sell its feature phone business to FIH Mobile, a subsidiary of Hon Hai/Foxconn Technology Group and and HMD Global for $350 million, Nokia has announced that it will be back to the worldwide mobile phone and tablet market, as it had promised. It has grant exclusive global license to HMD, a new company based in Finland to sell Nokia-branded feature phones, Android smartphones and tablets for the next ten years.
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