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Nokia launches 7.9" Android tablet; shares +3.4%

Nov. 18, 2014 10:25 AM ETNokia Oyj (NOK) StockNOKBy: Eric Jhonsa, SA News Editor100 Comments
  • The $249 Nokia N1, hinted at in a teaser image yesterday, features a 7.9" 2048x1536 display (similar to the retina iPad Mini's), an Intel Z3580 Atom CPU (quad-core, 2.3GHz.), an aluminum body, 32GB of storage, 8MP (rear) and 5MP (front) cameras, and stereo speakers.
  • The tablet runs on Google's Android 5.0 and Nokia's (NYSE:NOK) Z Launcher (now available to all Android users) and is among the first devices to support Type-C USB cables (they look the same on both ends). It's due in China in February, and will hit Russia and certain European countries afterwards.
  • Notably, Foxconn will manufacture the N1 and also license Nokia's brand; that could prevent Nokia from having to strike patent cross-licensing deals that could affect its IP licensing revenue. Nokia stated last week it's looking to license its brand for consumer products.
  • "It's the first of many [consumer products] coming – more SKUs, more sizes, more features," says Nokia exec Ramzi Haidamus. "We will go beyond tablets for sure." The Microsoft deal prohibits Nokia from selling phones under its brand, but only until 2016.

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