The Finnish company’s prospective partner will be expected to “take on the heavy lifting” in the process of bringing a phone to the market. This includes manufacturing, sales, marketing, and customer support for the device. Nokia on the other hand, will chip in with design and technology.
This means that a potential Nokia smartphone have similar development path as the N1 Android tablet. The latter is manufactured by Foxconn under a Nokia license.
The earliest Nokia can deliver a smartphone to the market is Q4, 2016. Nokia’s agreement with Microsoft from the sale of its Devices & Services business prevents it from getting back in the business earlier.
Nokia’s latest official statement marks a 180-degree turn for the company – back in April, the company announced that it has no plans to enter the smartphone business. Last month however, the company’s CEO hinted at a return to the handset game.