Last week re/code reported that Nokia Technologies was planning to return to the consumer mobile market by the end of 2016. However, the company has now confirmed via a short and to-the-point statement, that it is planning no such undertaking. The statement, in the company’s own words: Nokia notes recent news reports claiming the company communicated an intention to manufacture consumer handsets out of a R&D facility in China. These reports are false, and include comments incorrectly attributed to a Nokia Networks executive. Nokia reiterates it currently has no plans to manufacture or sell consumer handsets. Nokia had stopped manufacturing devices after its devices and services business was purchased by Microsoft in April 2014 for $7.2 billion. This deal, which was announced in September 2013, included Microsoft paying EUR 3.79 billion for Nokia’s Devices & Services business and EUR 1.65 billion to license Nokia’s patents, for a total transaction price of EUR 5.44 billion in cash. Nokia’s Smart Devices business unit and the Lumia brand and products were also acquired. This purchase was hardly a surprise. In February 2011, Nokia had entered in a partnership with Microsoft to use its Windows Phone operating system on future Nokia smartphone handsets. The company, at this point, was already failing, as CEO Stephen Elop had outlined in his Burning Man memo. The company, which at one time sold close to 28 million smartphone handsets (in December 2010), had managed to sell only 7.4 million Lumia handsets in Q2 2013. Nokia’s Windows Phone handsets…
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