Nokia is back in the smartphone market! Today HMD Global Oy and Nokia announced the finalization of a 10-year licensing deal that was announced six months ago. HMD Global has also launched a new website introducing itself to the world, and—if we can be uncharacteristically optimistic for a minute—so far things look pretty good.
The new "Nokia" seems to have more potential than your usual licensed "zombie brand" setup. Typically, when a brand dies (in Noka's case, just the phone division died), it gets snapped up by some no-name company, which proceeds to slap the brand name on everything under the sun. This lovely line of Polaroid Android tablets from brand buyer "PLR IP Holdings, LLC." is a great example.
The new Nokia seems to share a lot of lineage with the old Nokia, though. HMD Global was created six months ago explicitly for the purpose of creating Nokia phones. HMD is still a Finnish company, and 16 of the 17 executives on HMD's "Team" page are former Nokia employees. The plan, according to HMD CEO (and former Nokia vice president) Arto Nummela, is to "deliver on the quality and designs that the Nokia brand has been always known for." The surviving part of Nokia, Nokia Technologies, has a seat on the board of directors of HMD. It's seems like a genuine resurrection attempt, rather than a brand exploitation scheme.