Mobile > Smartphone

HMD Global, the company behind Nokia phones, just raised $100 million

4 monthes ago   |   By Android Central

Around 70 million Nokia handsets were sold in 2017.
Last year, a company by the name of HMD Global revived the Nokia brand and started releasing a heap of Android and feature phones under the iconic name. 2017 proved to be rather successful for HMD, and to ensure things stay that way, the company recently raised an additional $100 million in funding.
According to Reuters , new investors include FIH Mobile and DMJ Asia Investment Opportunity. Jean-Francois Baril, a former Senior Vice President at Nokia, lead this latest round of funding.
HMD Global sold around 70 million Nokia phones in...
Read more ...

 

HMD raises $100 million to bring even more Nokia phones to market

HMD raises $100 million to bring even more Nokia phones to market

4 monthes ago   |   By TechCrunch

HMD Global has been one of the mobile world's biggest surprise hits in recent years. Founded by former Nokia execs, the Finnish company has made a name for itself reviving the dearly departed brand on Android smartphones to great effect. And it just managed to raise another $100 million , led by Ginko Ventures' Alpha Ginko VC branch.
The new round puts the company's valuation at over $1 billion, according to a HMD. It's set to use this latest round to push even more “aggressively” into the mobile category with its branded devices, “doubldown on expanding channel reach in strategic markets...
Read more ...

 

HMD Global Raises $100M to Expand Nokia Phone Business

4 monthes ago   |   By Phone Scoop

HMD Global today said it has raised $100 million in funding in order to help the company grow. HMD Global is the sole licensee of the Nokia brand and makes and sells Nokia-branded phones that run Google's Android operating system. The company brought its first phones to market in early 2017 and has seen modest success in overseas markets. The company claims to have sold more than 70 million phones in over 80 countries at some 250,000 retail outlets. This year, HMD Global plans to "aggressively expand its portfolio of Nokia smartphones" while also finding more places in which it can sell...
Read more ...

 

HMD plans ‘aggressive' expansion of Nokia smartphone portfolio with $100 million funding

4 monthes ago   |   By Pocketnow

If you thought HMD Global was busy lately releasing Nokia-branded smartphones around the world, you should buckle up for an even more "aggressive" expansion over the next few months.
Read more ...

 


Search by Tags

   Smartphone      Phone      Mobile      Android      Hardware      Hmd      Nokia      Google  


Tesla vs Lovecraft is a positively bonkers shooter arriving next week

Tesla vs Lovecraft is a positively bonkers shooter arriving next week

Tesla vs Lovecraft is makings its way from PC over onto mobile, and it should be a pretty darn good time, judging by developer 10tons legacy. The game was created by the same... Read more ...

Essential is alive but unwell, laying off 30 percent of its workforce to...

Essential is alive but unwell, laying off 30 percent of its workforce to focus on a new product

Essential Products, the ambitious startup founded around three years ago by ex-Googler and Android co-creator Andy Rubin, may not be dead... yet, but it's certainly not doing... Read more ...

Google explains how the Pixel 3's impressive Titan M chip secures the phone

Google explains how the Pixel 3's impressive Titan M chip secures the phone

Google today shared some of the first details backing up its claim that the Pixel 3 is its "most secure phone yet," following up on the detail it shared during the recent Pixel... Read more ...

Huawei's Porsche phone is back and still unnecessarily expensive

Huawei's Porsche phone is back and still unnecessarily expensive

The Huawei Porsche Design Mate 10 RS is just over six months old, but the company is already back with a successor, the Mate 20 RS. It's equally as expensive and... Read more ...

OnePlus 6T will ship with Android 9 Pie in tow

OnePlus 6T will ship with Android 9 Pie in tow

Today we can add another entry to the list of confirmed OnePlus 6T features. OnePlus CEO Pete Lau has confirmed that the OnePlus 6T will ship with Android 9 Pie in tow. Lau... Read more ...

Russian and Iranian Twitter trolls sent 10 million Tweets in fake news war...

Russian and Iranian Twitter trolls sent 10 million Tweets in fake news war, Twitter data reveals

Read more ...

Pixel 3 security: Google details Titan M chip

Pixel 3 security: Google details Titan M chip

The Google Pixel 3 features the new Titan M enterprise-grade security chip designed specifically for the smartphone model. Google went into some details about the security chip... Read more ...

Cineplex iOS app adds digital movie tickets, VIP food and drink orders

Cineplex iOS app adds digital movie tickets, VIP food and drink orders

Cineplex has rolled out version 7.0.0 of its Cineplex Mobile app on iOS , bringing with it two major new features. Firstly, users will now be able to display their movie ticket... Read more ...

Facebook under fire as US officials back removal of Zuckerberg as chairman

Facebook under fire as US officials back removal of Zuckerberg as chairman

Read more ...

Spotify launches standalone app for Wear OS smartwatches

Spotify launches standalone app for Wear OS smartwatches

Spotify announced that a standalone app for Wear OS smartwatches is now available for download for free. Moreover, starting November, the Spotify standalone app will be... Read more ...