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TCL, a Chinese based global electronic company announces the resurrection of Palm Inc. Accordingly, the company is likely to launch a new Palm-branded smartphone that runs on Android OS, this year. The American telecommunication giant, Verizon is expected to back up the new venture says Android police.

Verizon has sold Palm phones in the past, including the Palm Pre 2. Following it, the company is also ready to be the carrier for the renewed Palm smartphones. However, there is no information regarding specifications and features of the upcoming Palm-branded devices, yet.

Palm Inc. brought in a rage back in the 90’s with its iconic PDA and Treo 600 devices in 2003. But the success with its quirky in-built keyboards and WebOS platform didn’t last long. It failed to meet the customers’ expectation when Apple introduced its first fancy iOS based phone in 2007.

Then, Hewlett Packard acquired Palm Inc. in 2010 to manufacture a new range of WebOS products. But sadly, it also came to an end, very soon. HP announced the end of production and support for WebOS devices in 2011, due to commercial failure. Later, HP sold it to LG, to fuel its smart TVs in 2013.

Coming back to the Palm’s new pact with TCL, we could see they have a bit of history. Yes, TCL is no new acquaintance to Palm Inc. Their history dates back to 2014 when TCL bought the Palm trademark.

TCL confirmed the acquisition of Palm, at the beginning of 2015. But notably, it acquired just the brand and not the WebOS platform. TCL is also known to have rights to market Alcatel brand and manufacture BlackBerry devices since late 2016.

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Would TCL fetch a fortune with Palm? Let’s not forget the inspiring tale of HMD global, who develops and markets the ever so famous Nokia branded smartphones; it has revived and sold 4.4 million Nokia branded Android smartphones in 2017.