Despite previous rumors, the company have clarified they are not producing any new smartphones, and that they have effectively exited the phone business.

After teasing last week that the company might be ready to jump back into the smartphone business running Android models this time, the truth has come to light: no matter what we the media said, Nokia claims it is not going to happen. Whether we exaggerated or if they changed their minds, the jury is still out, but the result is the same: no new Nokia smartphones are coming to the market.

The company announced on their web page they are not going to make nor sell any phone devices – at least, not in the immediate future. Nokia has since 2013 stopped the production of smartphones since being bought by Microsoft, but a series of rumors with alleged specs and data had emerged last week, and speculation was through the roof. Yet, as we said in the previous stories, there is an agreement between the two companies that lasts until 2016. This agreement specifically asks Nokia to refrain from creating any mobile devices – will we see a resurgence once 2016 rolls around?

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After selling their phone assets to Microsoft and exiting the industry less than a year ago, Nokia seem to be ready for a comeback, this time even running Android firmware.

The website G for Games surprised us all with some heavy news: Nokia is looking to jump right back into the smartphone market, this time creating Android phones. The Finnish company is preparing these new devices for the year 2016, and will return to activity where they were the strongest. And now that we know this is happening, what does Microsoft have to say about it?

These news were revealed by Mike Want, president of Nokia China, while also discussing the company’s plans for 2016. Besides, they’re planning to use a factory located in Sichuan as the central base to produce this new generation of devices.

Nokia’s agreement to step out of the phone business expires this 2015, and was signed along with Microsoft. This was an express prohibition to investigate, create or produce new smartphone designs, but once this period is done with, the company will be ready to return to the market that saw them bloom  and act as a third pillar of the industry at one point. Will they be able to surpass themselves?

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