Google and Qualcomm invest big in HMD Global, “the home of Nokia phones”

HMD Global announced that Qualcomm and Google had invested big in the new home of Nokia phones. The total pool of investment is $230 million and the company didn’t disclose all of the investors but it does give us a good idea of how Nokia brand will develop in the future.

Google and Qualcomm invest big in HMD Global, ''the home of Nokia phones''

According to HMD Global, the fresh $230 million injection will accelerate its 5G growth by introducing more 5G-enabled phones and also help them reach more markets across the globe. And besides, with all the fuss around the US government’s ban on Huawei, Google is looking to propel a new smartphone maker into the top smartphone OEMs.

With HMD Global keeping some of its staff, including its datacenter in Finland, it’s clear that the European smartphone company is less likely to get in the crossfire between the US and China trade war, so it seems like a safe bet.

Source: Gsmarena

Comments

Comment to this post

Why Arenafile?
Direct link

Easy access to direct links at the highest speed

Over 10tra files

Includes: Official ROMs, Unofficial ROMs, Combinations, Custom recovery and ...

LIVE CHAT

Professional online support for customers who need guidance.

Purchase warranty

Guaranteed returns money if you have trouble downloading or download links

Why us?