Nokia Oyj Information Nokia Oyj
The Microsoft acquisition of Nokia Contrivances and Accommodations is expected to close later
this month and to prepare for the transition a letter has been sent out to Nokia's supplier base.
The letter, which has leaked online, suggests that Nokia Oyj will get an incipient name: Microsoft Mobile Oy. The company is going to subsist as a plenarily-owned Microsoft subsidiary and as you would expect it is going to handle the mobile contrivances engenderment. The letter reveals that current terms and conditions that suppliers were having with Nokia until now will not be transmuted.
Nokia is keeping its relationship with subsisting supplier partners, but considering the company's main operations remain NSN, HERE Maps and Advanced Technology unit, it may not soon need some of them, as most deal with hardware. Nokia has been rumored to be working on a smartwatch, but we don't ken if the company is going to keep the development.
this month and to prepare for the transition a letter has been sent out to Nokia's supplier base.
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