Back in May, we heard that HMD Global - a new mobile company made up of ex-Nokia staffers - is looking to use the Nokia name to manufacture smartphones running Android as well as feature phones. Today, HMD has announced that it has secured exclusive licensing rights to Nokia's branding for 10 years.
The first batch of Android smartphones bearing the Nokia name will make their debut in the first half of 2017.
HMD is a Finnish company staffed with ex-Nokia people, so it makes sense they'd be working together on this. Hopefully this means Nokia can focus on what it does best - the backend - while the smaller, more nimble HMD san focus on making great phones.