BlackBerry (NYSE: BB) and Nokia (NYSE: NOK) both rose from the ashes over the past decade. BlackBerry expanded its enterprise software business, discontinued its first-party smartphone business five years ago, then licensed its brand to third-party smartphone makers. Nokia sold its handset division to Microsoft in 2014, bought its rival Alcatel-Lucent in 2016 to expand its core telecommunications equipment business, and started to license its brand out to other smartphone makers that same year.
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