Nokia’s First Smartphone Announced

Nokia Corp (NYSE: NOK), a classic phonemaker known in the past for its indestructible phone memes, is making its comeback onto the scene. The company worked with HMD Global, a Finnish company co-founded by Nokia executives (Arto Nummela and Florian Seiche) that now owns the rights to using the Nokia branding, to create its very first Android smartphone – the Nokia 6.

The phone will be able to run the latest version of Android (Android 7.1) with a 5.5 inch display in HD. It will feature a 16MP rear-facing shooter and an 8MP front-facing camera. The specs include 4GB RAM, 64 GB storage, a Qualcomm Snapdragon 430 processor and a USB 2.0 port. The processor and the port are not exactly up-to-date with the ever-growing technological advances in 2017, but it’s intended for consumers in China for $245 USD, or about 1,699 yuan by online retailer, according to HMD. HMD also states its decision to release the smartphone in China is a “reflection of the desire to meet the real world needs of consumers in different markets around the world.”

Nokia still have ways to go to catch up and compete with the mobile tech titans like Apple and Samsung, but to get started HMD released in a statement on Sunday forecasting its release of products in the first half of the year.

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