Finland’s Nokia has announced that they will be having a new brand-licensed tablet computer. This new device, which runs on Google’s Android platform, was revealed to the vying consumers just six months after the company had sold its ailing business on phones and devices.
The business was sold to the company, Microsoft, for over $7 billion in amount.
Since then, Nokia stated that the manufacturing, the distribution and the sales of the N1 tablet will be handled by Taiwan’s very own Foxconn.
The head of product business at Nokia’s Technologies unit named Sebastian Nystrom said that the company was looking and working on, doing their best to follow up with and produce more devices in the future.
He presented N1, the name of Nokia’s new Android tablet, at the Slush 2014 event in Helsinki at November 18, 2014.
This tablet sports Nokia’s own interface and is being planned to be available in stores in China, very likely in the first quarter of the year.
The estimated price of the product will be amounting to $249 before taxes, sales expected to expand to other markets after its release in China.
Nokia was left with its network equipment and services business in addition to its smaller mapping after its 5.6 Billion euro deal with Microsoft. They were also left with their navigation business and Technologies unit.
The Technologies unit is held the responsible unit when it comes to the management of licensing payments on its patents. It is also in charge of the conducting of research and development.
According to what Chief Executive Rajeev Suri said in a statement last week, the company is currently looking into ways to bring back its brand into the consumer market. They intend to do so with the use of making licensing deals with electronic product makers.