Nokia said it was looking for a partner who would take on the manufacturing, sales, marketing and customer support for the products.
"If and when we find a world-class partner who can take on those responsibilities, we would work closely with them to guide the design and technology differentiation, as we did with the Nokia N1 Android tablet," said Robert Morlino, spokesman for Nokia Technologies, in a blog post.
"That’s the only way the bar would be met for a mobile device we’d be proud to have bear the Nokia brand, and that people will love to buy."
The official announcement comes after Nokia chief executive Rajeev Suri told the German language Manager Magazin that it was looking for suitable partners with which to re-enter the phone business last month.
Nokia Technologies president Ramzi Haidamus has also previously said there is value in designing and licensing handsets.
ADRs of Nokia were down 0.5 percent at $6.68 at 10:44 a.m. in New York, extending this year’s slump to 15 percent.