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Posts: 204 | Thanked: 619 times | Joined on May 2015
#1
Nokia really started to go downhill after it agreed to sell itself to Microsoft at the end of 2013, going all in with Windows Mobile. When that faltered, "Microsoft folded Nokia into its mobile business, maintaining the Finnish company's brand on feature phones, while offering up smartphones under the newly integrated Microsoft Lumia line," reports TechCrunch. In May of this year, Microsoft sold its feature phone business to Foxconn for $350 million. At around the same time, Nokia essentially licensed its brand to Finnish company HMD global Oy to create phones under the Nokia name, "which would be manufactured and distributed by Foxconn." Now, TechCrunch is reporting that Nokia has hired Pikka Rantala, the once CEO of Angry Birds creator Rovio, who stepped down in 2015 after a rough year with the mobile gaming company. He will be joining the company as Chief Marketing Officer.

https://news.slashdot.org/story/16/0...phone-business
 

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