Nokia makes return to mobile phone market

Nokia is making a comeback, releasing a new range of feature phones and tablets.

The Finnish company has signed a deal with newly-formed Helsinki-based business HMD to start making Nokia-branded mobile phones and tablets, and will receive royalties from the sales.

HMD plans to invest $500m (£346m) over the next three years in marketing the devices, which will run Google’s Android operating system.

The news comes as Microsoft, which acquired Nokia’s mobile business in 2014 for £4.6 billion, hinted at the demise of its Lumia smartphone range.

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