There was a time when Nokia was the most popular mobile phone company in the world which has gone through various ups and downs over the years and now its era is nearing its end.
HMD Global, the company holding the license for Nokia phones for the past 8 years, has announced that it will no longer use the Nokia name on its smartphones.
In 2016, HMD Global acquired the license for Nokia phones after which Nokia smartphones re-emerged.
But now, like Blackberry, the era of Nokia phones is also going to end.
These two companies were once the biggest phone sellers but have fallen behind other companies.
A statement from HMD Global said that although we are known as the manufacturer of Nokia phones, our vision is now moving beyond that and we will be introducing our own devices.
The end of Nokia phones is not surprising as HMD had already indicated in 2023 that it will produce mobile devices under its own name.
HMD Global had acquired the license for Nokia phones for 10 years, so it is likely to introduce Nokia feature phones for another 2 years, but will not manufacture smartphones.
It should be noted that after the decline in mobile phone sales in the 2010s, Microsoft announced to buy Nokia in 2013, but revised this decision 2 years later.
After which HMD Global got the license to manufacture Nokia phones.