KUALA LUMPUR, Feb. 5 -- After making a comeback seven years ago, the Nokia smartphone brand is speculated to suffer its second death. This comes after HMD Global announced several months ago that it will introduce its very own mobile brand called HMD.

A few days ago, the Finnish company's VP for India and APAC, Ravi Kunwar, posted on LinkedIn introducing HMD and said the company is finally moving away from being a brand licensee to a brand owner. Many saw this as a sign that the brand could be abandoning the Nokia brand altogether.

Are Nokia phones dead? Not so fast

According to The Hindu, HMD Global has refuted the claims and has issued the following statement:

You will continue to see new Nokia phones. True to our values, HMD will c...