Nokia rumored to be planning a return with a flagship Android device

Nokia is rumored again to be planning a re-entry into the smartphone business. We've heard speculations and whispers on the matter before, claiming that the Finland-based company will be coming back with an Android handset, though, how it would go about the naming matter is still a mystery, as Microsoft holds the rights to the Nokia name (on a smartphone) until 2016.

Well, this new rumor, coming from China-based tech report sites, claims that the Nokia team that used to work on the N9 is currently hard at work, designing a new flagship smartphone that is going to run on Android. Microsoft may hold the rights to the logo, though Nokia is completely free to design handhelds and have them built through manufacturers. We suppose that, if this rumor is true, the handset in question will not bear Nokia's name, conflicting earlier reports, which suggested that the company prefers to wait for 10 years and re-enter the market with its own, recognizable name.