Finnish multinational communications and information technology company, Nokia,  may begin designing and licensing handsets again.

Reuters reports that Nokia hopes to begin doing this once an agreement has been reached with Microsoft.

Nokia’s phone manufacturing arm was acquired by Microsoft in 2014 at a time Nokia’s mobile sales were declining.

“We will look for suitable partners,” said Rajeev Suri, CEO of Nokia, in the report, “Microsoft makes mobile phones. We would simply design them and then make the brand name available to license.”

The company is reportedly also offloading HERE, Nokia’s mapping and location business, and is already drawing interests from several companies including BMW, AUDI, Mercedes and from companies in Silicon Valley.

Image: Nokia

Olumuyiwa Coker Author

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