nokia

The moment Microsoft announced it will buy Nokia’s mobile division, the hopes and dream of millions of fans have crumbled into dust. Since the Finnish company has been back on the market with a new product, the N1 tablet rumors about Nokia’s comeback in the smartphone business have been popping up online like mushrooms.

However, Nokia’s fans may have a long time of waiting ahead if they want to grab the next smartphone entirely made by the Finnish company. The agreement with Microsoft forbids Nokia from entering the smartphone market until Q4 2016, so there’s more than a year until we’ll be talking about a real Nokia handset.

Samsung Electronics Co., the largest maker of cell phones for the U.S. market, on Sunday revealed the first phone running Samsung’s own “smart” software system, bada. With bada, Korea-based Samsung is taking the TouchWiz system used on its touch-screen non-smart phones and making it the basis of a smart phone platform to take on Apple Inc.’s iPhone and Research In Motion Ltd.’s BlackBerry. Samsung also makes phones based on other competing smart phone systems: Android, created by Google Inc., and Symbian, of which Nokia Corp. is a major backer.

J.K. Shin, the president of Samsung’s phone division, said the goal of bada was to expand the market for smart phones, making them available to people across the world who have made do with non-smart phones. The new phone, dubbed the Wave, is a touch screen phone like the iPhone. It features a highly saturated, high-resolution screen using organic light emitting diodes, or OLEDs.