Nokia mobile phone maker HMD raised $230 million in investment by Google Qualcomm

 Nokia mobile phone maker HMD raised $230 million in investment by Google Qualcomm

Hmdglobals smartphone runs on Googles Android platform, but it offers devices at all price points and targets its hardware at mobile users in the developing market. For this reason, its hardware overlap with Googles pixel is relatively small. If hmdglobal expands the channels of Googles service users (because it makes money through targeted advertising), Google will still have a lot of room for business growth.

Many may think that Googles investment in Nokia branded smartphones (through hmdglobal) is ironic, because it is Android that has helped subvert Nokias lucrative smartphone business, driving it out of the worlds number one mobile manufacturer, and ushering in an era of the rise of Android driven Asian mobile giants.

Hmdglobal now has a lot of new money and is looking to expand in growth markets such as Africa, Brazil and India. Hmdglobal says it is active in 91 markets in eight regions and its equipment is sold in 250000 retail stores around the world. Hmdglobals first 5g device, Nokia 8.3, will be available in the United States and Europe in a few weeks. He said it is expected to launch a medium priced 5g device in the middle of next year. (small)

What does Lei Jun regret most? We havent made the best mobile phone Xiaomi 10 supreme commemorative edition experience: no snapdragon 865 + but to be sure, Tesla announced that it plans to split shares at a ratio of 1:5, and its share price rose by nearly 7%. Source: Netease technology report editor in charge: Wang Fengzhi_ NT2541