The Nokia branding is now owned by HMD Global, who recently announced they would stop selling Nokia smartphones.

I carry a Nokia smartphone as my main phone (G400) and I personally love it. It is really a no-nonsense kind of phone, they kept the headphone jack (which I use almost every day) it even comes with a charger, and it is one of the more affordable smartphones out there.

I really don’t understand what kind of a business decisions it is to own such a legendary brand with such as a rich and successful history and not use it.

> I really don’t understand what kind of a business decisions it is to own such a legendary brand with such as a rich and successful history and not use it.

I bet $1000 that's mostly due to ridiculous patents, business contracts with term limits, poor managerial decisions, and possibly EU regulations that make it more expensive/harder to innovate.