An anonymous reader shares a report on The Register: The "new Nokia" appears going for volume rather than margins as it makes a comeback into phones. A new venture called HMD Global has licensed the rights to the Nokia brand for use in phones, which will be made by Foxconn. Three or four new Nokia-branded devices will be launched, Nokia's China chief suggested in August, with the first to be announced before Christmas. Benchmarks for one device, named in the benchmarks as the "D1C" have been spotted, indicating a solid midrange device, with 3GB of RAM, and Android Nougat 7. The CPU is identified as a Qualcomm Snapdragon 430 octa core running at 1.4Ghz. In 2013, Microsoft bought the exclusive right to use the Nokia brand for phones, for a limited period. That exclusivity period expires at the end of this year.