Comment Not really, a licensing deal for their Nokia brand (Score 1) 60
I think that the story has a misleading content, as it is not the Nokia itself, it is just some OEM from China with a license to use Nokia brand.
From their press [1] release:
"The N1 will be brought to market in Q1 2015 through a brand-licensing agreement with an original equipment manufacturer (OEM) partner responsible for manufacturing, distribution and sales."
"The OEM partner is responsible for full business execution, from engineering and sales to customer care, including liabilities and warranty costs, inbound IP and software licensing and contractual agreements with 3rd parties"
