Nostalgia beckons as Rajeev Suri reiterates plans for Nokia to re-enter the mobile phone market, but he also says “there’s no rush.”
It may prove to be a controlling partner, though. “We want to be in a position to design the devices in question with appropriate control measures in case they don’t meet expectations,” said Suri. When asked whether Nokia would partner with Foxconn, which also works closely with Apple to manufacture iPhones, he said he did not know yet.
Nokia believes it still has the potential to make an impact on the smartphone world, and will likely aim to do so with “premium” devices. “The recognition of the brand is still very high in all the major markets,” said Suri. “We think it’s a good business model.”
Nokia may not be on a phone customer’s radar right now, but the company is still beavering away on other projects. Since acquiring tech company Alcatel-Lucent, Nokia has focused on building 5G mobile networks and preparing to invade the world of .