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Nokia amends its corporation papers to include wearables

Posted: , by Alan F.

Nokia amends its corporation papers to include wearables
Nokia is apparently planning to get into the wearables business. The company has amended its Articles of Association to include "consumer wearables." This happens to dovetail with recent rumors that call for Nokia to be prepping a smart wearable device that focuses on human health and well-being. 

Two years ago, Nokia filed a patent for a smart wearable device that looked more like a bracelet than a watch, with multiple screens each dedicated to a different function. Opening each screen is as simple as pointing it toward your eyes. Like the Nokia Morph flexible phone concept, the bracelet might be something that is not quite ready for prime time.

"APPENDIX 1

The Board of Directors proposes that the Articles 2, 4 and 9 of the Articles of Association of the company be amended as follows:

Article 2 of the Articles of Association be amended to read as follows:

Article 2 – Object

The object of the company is to research, develop, manufacture, market, sell and deliver products, software and services in a wide range of consumer and business-to-business markets. These products, software and services relate to, among others, network infrastructure for telecommunication operators and other enterprises, the internet of things, human health and well-being, multi-media, big data and analytics, mobile devices and consumer wearables and other electronics. The company may also create, acquire and license intellectual property and software as well as engage in other industrial and commercial operations, including securities trading and other investment activities. The company may carry on its business operations directly, through subsidiary companies, affiliate companies and joint ventures."-Nokia Articles of Association

Job openings posted by the company have indicated that a Nokia wearable would collect quite a bit of data. This raw information would be run through algorithms to help users learn more about their overall health. That certainly sounds like a feature that would be found on a smartwatch or fitness tracker. With all of the competition in the industry, can Nokia come up with something proprietary to spur sales? That is a question that we won't be able to answer until the company officially introduces a wearable device.

Nokia fans are hoping that the change in the corporation papers is the beginning of a journey that leads to the production of a Nokia smartwatch or bracelet.

Thanks for the tip!

source: NPU via gdgtarena.com

12 Comments
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posted on 23 Oct 2015, 14:01 3

1. XperiaFanZone (Posts: 2049; Member since: 21 Sep 2012)


Not a good enough news to please JohnMicrosoftMobiles.

posted on 23 Oct 2015, 14:50 6

3. Johnnokia (Posts: 1061; Member since: 27 May 2012)


It is too rarely to see Sony fanboys trolling.
Sony might exit phone business very soon and for good, but I really don't wish that to happen. We need those inveterate companies to stay like Sony, HTC, and BlackBerry.
It is a great thing for us (users) in first place.
This just great news to me.
So stop trolling and get a life dude.

posted on 23 Oct 2015, 14:56 7

4. XperiaFanZone (Posts: 2049; Member since: 21 Sep 2012)


I'm not against Nokia, so no need for the irrelevant comment.

posted on 23 Oct 2015, 15:23 4

6. B-power (Posts: 241; Member since: 22 Feb 2014)


Well.. actually sony opened a new factory not that long ago so it doesn't seem very likely the will quit.

posted on 23 Oct 2015, 17:19

7. 99nights (Posts: 1152; Member since: 10 Mar 2015)


It wasn't trolling, the comment was directed to you - at you.

posted on 23 Oct 2015, 19:29

9. akki20892 (Posts: 3900; Member since: 04 Feb 2013)


pls guys don't fight. we are the team.

peace

posted on 23 Oct 2015, 20:47

12. Bernoulli (Posts: 3741; Member since: 01 Sep 2012)


Am disappointed in you, you're never the one to troll first.

posted on 23 Oct 2015, 14:45 2

2. Johnnokia (Posts: 1061; Member since: 27 May 2012)


Come on Nokia, everyone is waiting for your great smartphone next year.

posted on 23 Oct 2015, 19:29 2

10. akki20892 (Posts: 3900; Member since: 04 Feb 2013)


i'm in for sure.......

posted on 23 Oct 2015, 15:22

5. Hexa-core (banned) (Posts: 2131; Member since: 11 Aug 2015)


Will still do, however.

posted on 23 Oct 2015, 18:08

8. lyndon420 (Posts: 3853; Member since: 11 Jul 2012)


A 'microsoft free' Nokia is a healthy Nokia. Bring it on...whatever it is and let us have a look :-)

posted on 23 Oct 2015, 20:45

11. Bernoulli (Posts: 3741; Member since: 01 Sep 2012)


So then what was the deal with ozo? It's been a while since we heard anything about it and it was a consumer product, dunno why no amendments were made.

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