One of the most famous makers of cell phones has had little success in manufacturing wearable devices and may soon exit the digital healthcare business.

Nearly two years ago Finnish telecommunications and information technology company Nokia Corp. was seeking new opportunities in digital healthcare after cashing all the way out of the cell phone manufacturing business.

In May 2016, Nokia acquired French consumer electronics and wearable device manufacturer Withings SA for 170 million euros ($196 million) in cash.

But after disappointing results, Nokia announced yesterday that the manufacturer is undertaking a strategic review of its digital healthcare business with options that include a sale of its health wearables unit. “The strategic review of the digital health business may or may not result in any transaction or other changes,” the company says.

Nokia’s digital health business includes smart watches, scales and digital health devices that are sold to consumers and companies. Nokia acquired Withings for its expertise in manufacturing wearable and wireless health and wellness devices that include an activity tracker, watches, wireless blood pressure monitors and weight scales and thermometers.

Withings also had a business unit with expertise in mobile and cloud-based health data collection and analysis. Using its wearables hardware and data collection services, Withings builds health and wellness portals for tracking employee fitness. Withings’ clients have included drug maker Norvartis International AG, business software developer SAP SE and computer, data storage and cloud computer services company EMC Corp., Nokia says.

But results have been disappointing. Nokia doesn’t break out sales of its digital healthcare business, but in the third quarter, Nokia took a write-off of 141 million euros ($176.2 million) for that business related to acquiring Withings, the company says. Nokia, which reported its 2017 full financials on Feb. 1, announced another write-off of 32 million euros ($40 million) for its digital healthcare business for the fourth quarter.

“Going forward, Nokia Technologies aims to have a larger impact with consumers and the medical community through a more focused, more agile digital health business,” Nokia says.

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