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Everyone once loved Nokia for their innovative and hardy phones. Sadly, Nokia had a bad run at business from 2010. Now, it seems that the company is trying to get back some of their market shares by releasing new smartphones and tablets.

Nokia is set to announce a whole lineup of devices by the end of 2016, and this news comes from Nokia's China president Mike Wang. Android Authority spotted that Wang spoke to a Chinese site The Paper about the upcoming Nokia lineup.

The new devices won't be manufactured by Nokia, but by HMD. In this day and age， Nokia has to provide something breathtaking to capture the markets. There are no official news about the specs, but it is presumed through rumors that the phones can have 5.2-inch or 5.5-inch displays. Both of these display sizes would be QHD display, and Nokia will most likely make the phones out of metal. The phones will also get a massive camera of 22.6MP and will be powered by a Snapdragon 820 processor.

The phone would come either with an IP67 or an IP68 rating, which would put the phone's dust and water resistance at par with iPhone 7 and Galaxy S7. The phone would also ship with Android Nougat 7.0 out of the box and it is presumed that Nokia would be adding their own touches to the UI.

The smartphones would be announced by the year end and would be released by Q4 2016 or by Q1 2017.

As for the SoC, there is no news about HMD and Foxconn introducing custom SoCs for Nokia devices. Foxconn has been adding semiconductor design prowess to its chips, but it is highly improbable that they would be able to roll out anything comparable to the Mediatek low-cost SoCs.

Keep a steady eye on Nokia's events and announcements. A reveal is possible anytime soon.