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Nokia on a Comeback Trail with Nokia 6 in the US, Next Month

Nokia CorporationNOK is on its way back to the U.S. HMD Global, the Finland-based company (which had acquired the rights to sell Nokia smartphones last year) has recently announced that Nokia 6 phones would be sold in the U.S. from early next month. The phones, costing $229 each, will be sold through Amazon AMZN .

The gadget will feature a 5.5 inch 1080p display, Qualcomm's QCOM Snapdragon 430 chip, 3 GB RAM and several other advanced features. The phone is quite a promising one, given its price. It is also loaded withAndroid 7 Nougat.

This version of Nokia is devoid of any add-ons which otherwise threaten to occupy space and hinder performances on other third-party Android devices. Thus, the phone should derive an optimum value from its hardware.

HMD Global has launched Nokia-branded phones ever since it acquired the brand's selling rights. The idea is similar to BlackBerry BBRY phones, sold by the Chinese brand TCL Communications.

Nokia was also in news recently, when it inked a deal with Infracapital, the infrastructural arm of M&G Investments, to introduce a high-speed fiber broadband service to central and northern Poland. This move was part of the Digital Poland 2014-2020 program. The service is expected to serve nearly 400,000 homes and approximately 2,500 schools in the rural areas of central and northern Poland.

Nokia Corporation Price

Nokia Corporation Price | Nokia Corporation Quote

Zacks Rank

Nokia currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 (Strong Buy) Rank stocks here .

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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