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HMD Global enters market to create new generation of Nokia branded mobile phones

Finnish company HMD will bring a new generation of mobile phones to consumers, with the first smartphone products set to be launched in the first half of 2017, alongside the existing Nokia branded feature phone business.

A new chapter in the story of Nokia branded phones begins as HMD Global Oy (HMD), the new home of Nokia phones, enters the market. Finnish company HMD will bring a new generation of mobile phones to consumers, with the first smartphone products set to be launched in the first half of 2017, alongside the existing Nokia branded feature phone business.

nokia

The launch of HMD comes six months after the company signed a licensing agreement with Nokia, giving HMD exclusive use of the Nokia brand on mobile phones and tablets worldwide for the next 10 years.

HMD has a significant global foothold including in the Americas, Europe, Asia, Middle East, Africa, India and China. HMD has developed a partnership model that will see it working with some of the world’s leading technology companies including Nokia, FIH Mobile Limited (FIH) and Google. Future Nokia smartphones will utilize Google’s Android operating system, currently deployed on 86% of the world’s smartphones.

A cornerstone of HMD’s partnership model is an agreement with FIH, a consumer electronics manufacturing and technology powerhouse that will manufacture Nokia branded mobile phones and tablets.

The HMD Global team is headed by CEO Arto Nummela and president Florian Seiche.

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