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Showing posts from September, 2018

Nokia is Set to Enter the Top 3 of the Smartphone Universe

Next to Motorola, which invented the mobile handset, there was no bigger name in the business than Nokia as it had a 41 percent control of the market at its peak in 2007. Nokia’s legendary status as the biggest handset maker in the world may have diminished but the company is making a resurgence with the high-end flagship smartphones. Nokia smartphones were #3 in the UK for the quarter and in the Top 5 in Russia, Vietnam and most Middle Eastern markets. With an expected run rate in excess of 1.4 million handsets per month, that means HMD Global’s debut in the smartphone market is about to pass (or has just passed) the ten million unit mark in just over twelve months. Not bad for a company that is essentially a year old at this point. Q4 of 2017 saw the Android-powered Nokia smartphones from HMD Global sold around 4.4 million units, giving it a market share of one percent. Source: https://www.techradar.com/news/the-remarkable-resurgence-of-the-nokia-name Nokia fe