After Nokia sold its handset and device business to the technology firm Microsoft a year ago, the once leading mobile phone maker has hinted at the chance of a possible comeback in the mobile market. While the recent statement issued by Nokia does talk of a possible comeback, there is no clarity on how this is expected to happen.

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According to ZD Net, Nokia has confirmed that it plans to re-enter the mobile market eventually. Mobile market was the place that help Nokia establish its leadership amongst the competition and earn its money as well. Given this background, technology experts are not at all surprised at the brand's plan to make a comeback.

When Nokia recently sold its handset business to Microsoft, it became legally bound not to re-enter the mobile market for another year, effectively till the fourth quarter of 2016, as confirmed on USA Today. Nokia issued a detailed statement where it said that the primary focus of the company was to strengthen its position in the domain of mapping, network analysis and related domains. However, the statement also said that in order to get back to the mobile market, Nokia would need a different approach.

Nokia's leadership in the mobile market crashed after the company could not face the competition posed by the smartphones. Sometime earlier in 2012, Samsung took over the title of the world's biggest mobile phone maker from Nokia, registering a major blow to the company. Rumors about Nokia making a comeback to the mobile market have been rife since 2014 when the company sold a part of its offerings to Microsoft. Additionally, Microsoft does not seem to be doing too good after acquiring Nokia. Just last week, the company announced that it would be cutting 7800 jobs and is likely to impose an impairment charge on the deal as well.

Another statement by Nokia CEO Rajeev Suri, as seen on ZD Net, says that he has always been clear about the company's strong focus on the hardware division. All this clearly indicates that the company is exploring mobile partnership opportunities and will soon make a comeback in this segment as well.

TagsNokia Mobiles, nokia market