We caught a glimpse earlier this year of what Nokia’s entry into the wearables market might have looked like. The Nokia Moonraker smartwatch (pictured above) got as far as the prototype stage before the project cancelled by Microsoft after it acquired Nokia’s device business. A Nokia press release announcing an Extraordinary General Meeting for December 2nd now suggests that the company is looking at entering the wearables space at last.
There is little beyond a declaration of intent at this point. It’s not clear how far along plans for a line of Nokia wearables might be, assuming that such plans are even in the works. But it’s clear that Nokia is at least considering such a move.
Nokia wants to amend its Articles of Association to include consumer wearables. If passed, the company’s objectives would be described as (the emphasis is ours):
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.”
There have been recent signs that Nokia was looking to get into health-related technologies. Among them was a job posting for a software engineer who would develop “exciting new products related to health and wellbeing.”
Nokia is widely expected to make a return to smartphones as soon as it can. It now appears that a line of Nokia wearables might be in the works as well.
Source : Nokia