HMD global Oy (“HMD”) has announced the launch of its Nokia 150 and Nokia 150 Dual SIM phones. The launch comes just weeks after HMD entered the market as the new home of Nokia phones. HMD, a start-up headquartered in Finland, will bring a new generation of mobile phones to consumers through an existing feature phone business and new smartphone range. With the launch of Nokia 150, HMD Global will further strengthen the Nokia feature phones portfolio comprising of best-sellers like Nokia 105, Nokia 216 and
Nokia confirms that the strategic agreement covering branding rights and intellectual property licensing with HMD Global Oy (HMD), originally announced on May 18, 2016 has come into force.
HMD has today announced the completion of transactions between HMD, FIH Mobile Limited (a subsidiary of Hon Hai Precision Industries trading as Foxconn Technology Group) and Microsoft, which means that HMD can begin operations as the new home of Nokia phones, under an exclusive global