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Nokia To Return In Making Of Mobile Phones

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By Jussi Rosendahl
HELSINKI, May 18 (Reuters) – The Nokia name will return to the mobile
phone market after a company backed by one of its former executives
teamed up with manufacturer Foxconn to buy the rights to the brand
for mobile devices.
Nokia, once the world’s biggest maker of mobile phones, was
wrongfooted by the rise of smartphones and eclipsed by Apple and
Samsung. It sold its entire handset business to Microsoft Corp in 2014
and now focuses on telecoms network equipment.
But it held on to its phone patents with a view to eventually striking a
licensing deal, though it had to wait due to a non-compete deal with
Microsoft.
Nokia said on Wednesday it had signed an exclusive 10-year licensing
agreement for newly formed Finnish company HMD global Oy to create
Nokia-branded smartphones and tablets. HMD is owned by Smart
Connect LP, a private equity fund run by former Nokia executive Jean-
Francois Baril, and its management.
The products will be made by Taiwan’s Foxconn and Nokia will receive
an undisclosed royalty on sales, covering both brand and intellectual
property rights.
Microsoft announced simultaneously it would sell its entry-level
phones business to HMD and Foxconn subsidiary FIH Mobile for $350
million.

Nokia To Return In Making Of Mobile Phones 1
Nokia, whose global market share in handsets peaked at around 40
percent in 2008, said its brand remained widely recognised, especially
in developing markets.
“The areas where we believe the brand is strongest are Asia, South
America and parts of Europe. Clearly China will be one of the target
markets,” Ramzi Haidamus, chief executive of the Nokia Technologies
unit, told Reuters.
Nokia stock rose 2.9 percent to 4.67 euros.
“Nokia seems to have put together a very elegant deal in order to
maximize the potential to drive some revenue from the handset
business, with no risk in terms of hardware,” said Ben Wood, an
analyst at research firm CCS Insight.
“The brand is strong in the feature phone space, but does it stand for a
cutting-edge future proof smartphone? That’s unclear. … It’s a brand
that has lost its lustre,” he added.
HMD, which will focus on branding and design in the partnership with
Foxconn, said it would put 500 million euros ($564 million) into
marketing over the next three years.
Nokia declined to provide revenue targets related to the licensing deal,
nor a timetable for new devices, which will use Google’s Android
platform. The deal between Microsoft, Foxconn and HMD is expected
to close in the second half of 2016.
Jukka Oksaharju, a strategist at brokerage Nordnet, said annual
licensing revenues for Nokia would likely be in the tens of millions.
Microsoft has struggled with phones after the 2014 deal with Nokia,
and last year it wrote off $7.5 billion from the business. Microsoft said
on Wednesday it would continue to develop its Lumia smartphones

Michael Ajah is a Computer Science Student of The University of Port Harcourt and a Chelsea Fan. He loves RnB and a little mix of Trap Music. An awesome tech reviewer and analyst. Email - [email protected]

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How To Compare Phones And Check Prices Before Buying

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How To Compare Phones And Check Prices Before Buying 2

Hello guys, I’ve been a bit slow in updating this part of the blog and it’s because I’ve been working really hard to add a How To Compare Phones And Check Prices feature.

How To Compare Phones And Check Prices Before Buying 3

How To Compare Phones

I just added a price and spec comparison feature to this blog. You can compare phone specs and prices then buy it if there’s a link to the store available in the option. –

I normally go to e-commerce stores and pick out the lowest prices so you get the best value for your money.  Regular blog post updates would resume immediately.

Thanks for being an amazing reader.

Click Here To Compare Prices And Specs

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Combo VPN MTN Settings: Browse For Free On MTN Using This New Setting

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Combo VPN MTN Settings: Browse For Free On MTN Using This New Setting 4

Combo VPN MTN Settings allow you to browse for free on the MTN Network. We all love free data and of course, there’s a reason why it’s not too common, that’s why I’m here.😀

Combo VPN MTN Settings

To give you information on free and affordable data plans so you don’t get ripped off by our internet service providers. So without further ado let’s get down to business.

Combo VPN MTN Settings For Browsing Free

What You’ll Need

  • An MTN sim without data
  • Default MTN APN settings
  • An Android Phone

First Download Combo VPN Here – Download Combo VPN

  • Open the app, then tap on Combo Settings and configure this way.
  •  Turn on Stealth Tunnel
  • Connection protocol – TCP
  •  Connection Port – 443
  •  Turn on the switch for Connect via parent proxy
  • Edit and set parent proxy as 10.199.212.2 and 8080 as port
  • Turn on the switch for Custom TCP/http header
  • Edit Custom TCP/http headers
  •  URL/host: datareset.mtnonline.com
  • Request method: CONNECT
  • Injection method: Normal
  • Tick keep-alive and user-agent
  • Press Generate and Validate and Save.
  • Save all settings and Connect

    This works without data or Airtime 0.0k on your MTN line and it is capped. It is capped around 50Mb to 100Mb daily. It renews daily.
    If it stops, simply open the Combo app again and change URL/host to smartapp.mtnnigeria.net:8080
    If you are an mpulse user and you have mpulse data, then open the Combo app again and change the URL/host to mtn.pass.ng.

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