FIH Mobile Amounted to US$350 Million

App StoreOn 16 August 2017, HMD introduced their first flagship Nokia smartphone, the Nokia 8. Its most distinguishing features are Dual Sight, allowing live streaming with both the front and rear Zeiss cameras (referred to as “bothie”, a pun on “selfie”), and OZO Audio, which contains spatial 360° audio technology derived from Nokia’s high-end OZO camera. On 11 January 2018, HMD Global acquired the Asha brand name. On 25 October 2017, HMD revived the Nokia Beta Labs, a beta software program.

Besides that HMD introduced HMD Connect, which is a global roaming data SIM card, with associated plans. In July 2020, HMD acquired Valona Labs, a mobile software cybersecurity company. They are currently implementing new systems utilizing Artificial Intelligence. This works in 120 countries. Nokia 6.2 and Nokia 7.2 get exclusive 007-branded Kevlar cases in conjunction to the HMD marketing campaign with James Bond movie No Time to Die. Starting in 2023, HMD has considered dropping the Nokia branding in favor of the generic HMD brand in order to diversify its portfolio. The product naming of Nokia devices has historically been based on the numerical system, with new Nokia-branded Android smartphones being named from 1 to 9; with Nokia 1 series being the lowest-end entry level smartphone, and the Nokia 9 series being the highest-end offering of the portfolio.

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It was agreed that HMD products would be manufactured in the FIH/Foxconn factories. FIH Mobile amounted to US$350 million. The total sale to both HMD Global. HMD have decided to spend US (pipihosa.com)$500 million in supporting the marketing of the new products over the next three years. On 27 July 2017, HMD purchased 500 design patents from Microsoft Mobile that were originally created by Nokia. On 6 July 2017 HMD partnered with Carl Zeiss AG to provide camera lens optics for Nokia smartphones.

In addition, HMD re-introduced the Nokia Pro Camera app for ZEISS camera phones. The classic 8110 was also reintroduced. Both of these have bezel-less screens. For the Chinese market, Nokia X6 was announced, which got a worldwide release as Nokia 6.1 Plus. On 19 March 2020, HMD held an online event and announced Nokia 8.3 5G, the first ever Nokia-branded 5G smartphone, and the “world’s first truly global 5G device”. Other products announced the same day were Nokia 5.3, Nokia 1.3, and revival of Nokia 5310 XpressMusic. In late July 2018, HMD announced vacancy for a team to expand the business in USA. In November 2019, HMD announced Nokia C1, the Android Go (https://www.pipihosa.com/2023/11/14/fake-blackrock-xrp-filing-referred-to-delaware-department-of-justice/) smartphone. Another Chinese-market device, called Nokia X5, was later announced.

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