Finnish company HMD Global is known for producing Nokia branded smartphones. Now it has announced plans to launch its own line of mobile devices. The company, which wants to produce its own brand along with Nokia smartphones, mentioned that it has surprise partners.
HMD Global, the home of Nokia phones, will produce its own brand!
On Monday, HMD Global CEO Jean-Francois Baril hit the news like a bombshell with a statement he made on Linkedin. He announced that the company will expand its portfolio with exciting new partners. However, he has not yet mentioned the partners. Now the question that comes to mind is whether Nokia will end the production of its phones. It will not give up on the Nokia series, which is one of the first phones that come to mind when it comes to durability. Production will continue. It will continue to gain a foothold in the smartphone market with HMD branded phones.
Baril said, “We are pleased with the privileged position we have had for the last six years. HMD – It became the home of Nokia phones. This has been a great journey for us. We are now ready for the next step of our journey. “We want to enter the market independently as a force that will create a new world for telecommunications focused on consumer needs.” said.
So what will HMD Global’s new phones be like? The company did not make a statement on this issue. He did not give the release date of the new brand phones. Let’s look at the history of the company. It was founded in 2016 after Microsoft gave up its rights to Nokia.
Foxconn takes over Microsoft’s smartphone business. Who is Foxcon? Foxconn’s founder, Terry Gou, is also the main owner of HMD Global. Nokia branded devices are currently manufactured by Foxconn. Therefore, it is very possible that HMD branded products in production will come from the Taiwanese technology giant.
Nokia branded phones, such as the Nokia C32 launched by HMD, are produced in the budget-friendly phone category. It will probably follow a similar path in new phones. Baril mentioned that the company will continue to design for a more sustainable and affordable future.
Foxconn is behind the actual production of these new devices. HMD Global is still largely run by former Nokia executives. So this could be an opportunity for Nokia to reclaim some of its legacy under a new name.
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