Thats mostly the gist of it.

Altough Nokia is leasing its logo and brand to a much more competent and high quality manufacturer (Foxconn) than all the Commodore, Atari, etc rip offs.

EDIT: This is also interesting:



I don't really doubt Foxconn's engineering and manufacturing capability, but how good they are at customer care, liabilities, warranty, etc remains to be seen.