Nokia's maker closes a new funding round at $1 billion valuation

21 May 2018
HMD raised money so that it can expand its portfolio of Nokia phones as soon as this year.

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Great news and it is also great that they are staying true to their founding ethos years ago. The people who bag on bout Chinese seriously make me shake my head. It's like my Australian business, just because I get boxes made in China does that make me Chinese or Apple. OMG it's laughable.
Nokia sirocco is beautifully designed. Big 5.5 screen in 140 body, all legendary toughness coupled with Euro styling. So looking forward to some new true classics that have some unique styling thinking outside the square. Kudos Nokia

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    • Anonymous
    • DRc
    • 21 May 2018

    sadh, 21 May 2018Seriously? It was Symbian that makes them falling. Ok, it ... moreYou're right doubtless..! Just for information:
    "They never want part of smartphone"
    Honestly, I prefer meegoo to android..

      • b
      • bref
      • 3hh
      • 21 May 2018

      FinnishInquisition, 21 May 2018No, you're the one that's wrong. You can read how it all wo... moreYes, I did. And you obviously don't understand. What I quoted totally fits into your quote as well.

        • s
        • sadh
        • tDQ
        • 21 May 2018

        Anonymous, 21 May 2018Nokia to Google! Never.. Nokia to Microsoft! It's OK.. Acco... moreSeriously? It was Symbian that makes them falling.
        Ok, it was not. It was their lame and arogancy.
        But hey, Meego was good but no apps back then.
        But i will agree. When they used WP, they should have used Meego as well rather than killing it. Even Intel didnt like when Nokia did it.
        Blame Elop. I still cant forgive Elop for what he had done.
        20 MILLION symbian phones sold and he said it is a burning platform? And oh boy, N9 was praised everywhere yet Elop stopped it already even before it reached the market.

          FinnishInquisition, 21 May 2018No, you're the one that's wrong. You can read how it all wo... moreActually, who cares? Chinese or Finnish? Or chinese potjomkin finnish company? It's HMD and NOT Nokia, doesn't matter, how many _EX_-Nokia employees it does have. Was Microsoft Nokia? Just some google laptop startup, using once famous Nokia name on their products.

            bref, 21 May 2018Sorry, you're wrong. HMD won’t be doing Research & D... moreNo, you're the one that's wrong. You can read how it all works in the interview with Alberto Matrone (HMD VP for Eastern Europe).

            "[Alberto Matrone] mentioned that HMD's designers and R&D personnel are working constantly on bringing new devices to life, and that there are many interesting things we will see in the future. He confirmed that HMD is designing new devices and developing new technologies. FIH is in charge of production of the devices, but also advises HMD on how to make production process simpler and doing testing of new technologies and devices."

            http://nokiamob.net/2018/01/07/interview-with-alberto-matrone-vp-of-hmd-for-eastern-europe/

            Essentially, HMD research, design and develop prototype devices they want to put into mass-production. They then consult with Foxconn on how to make their prototypes a mass-producible reality, and have Foxconn then test the devices to make sure they're up to the HMD requirements for durability, water proofing, thermals, etc.

            So HMD do the R&D involved in design and technology implementation. Foxconn do the R&D involved in manufacturing.

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              • ZloiYuri
              • 352
              • 21 May 2018

              Foxconn are genius. Literally. Previously some mobile brands (Alcatel, Phillips, Blackberry) became property of chinese brands. Not that successfully. Foxconn did the same but via fake company pretending to be Finnish. They release the same Chinese level phones like Alcatel but good PR making "nokia" phones sell like A-brands do.

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                • AnonD-731363
                • SH3
                • 21 May 2018

                Go go go Nokia we love you.
                Soon you become number 1 mobile phone brand with the xiaomi second and Huawei Third.
                Samsung and apple just cant compete.

                  AnonD-651341, 21 May 2018Nokia to Microsoft is A BIG FlOOP.. open your eyes?? Even t... moreIt's not. Got big update this month, actually. Even Symbian isn't dead. And as long as HMD is Googles lapdog, i don't consider it being Nokia.

                    • b
                    • bref
                    • 3hh
                    • 21 May 2018

                    FinnishInquisition, 21 May 2018It's researched and designed in Espoo, Finland, in large pa... moreSorry, you're wrong.

                    HMD won’t be doing Research & Development on their own, but with FIH Mobile (Foxconn), an R&D powerhouse. HMD will design, develop, sell, promote and do the costumer support for Nokia-branded products.

                    http://nokiamob.net/2016/12/01/people-behind-hmd-global-the-company-that-brings-nokia-back-to-market/

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                      • Anonymous
                      • DRc
                      • 21 May 2018

                      AnonD-651341, 21 May 2018Nokia to Microsoft is A BIG FlOOP.. open your eyes?? Even t... moreIn fact that was stupid pride! Nokia's stupid pride..

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                        • AnonD-651341
                        • U}}
                        • 21 May 2018

                        Anonymous, 21 May 2018Nokia to Google! Never.. Nokia to Microsoft! It's OK.. Acco... moreNokia to Microsoft is A BIG FlOOP.. open your eyes?? Even their Windows phone os is dead! Lol

                          Good.
                          Now show your true potential to be number one again, and end the trolls out of their non-Nokia phones!

                            • ?
                            • Anonymous
                            • DRc
                            • 21 May 2018

                            Aslipundit, 21 May 2018Do not feed the troll people. Long live Nokia.Nokia to Google! Never.. Nokia to Microsoft! It's OK.. According to my experience Nokia=Symbian, maemo and finally MeeGoo harmattan..! Overall, it's not NOKIA..!!! Only Chinese stuff base on chassis like this: shadow of warrior (Takeda Shingen) bitter but %100 true..

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                              • Carol
                              • mgK
                              • 21 May 2018

                              Anonymous, 21 May 2018"researched" in finland? by who? by chinese designers? i c... moreYour claims are baseless, clueless and gettin' old. Do something better with your time instead of showing your frustration on a daily basis on Nokia comment sections. People like you have already become ridiculously pathetic. Lower then this, does not exist.

                                FinnishInquisition, 21 May 2018I distinctly remember asking for "evidence" not "baseless c... moreHe believes that Nokia are 4th in Europe Including Russia , and that Russia is a part of the European Union.

                                And says that the UK is not a part of the European Union.

                                All these Xiaomi supporters are just baseless and throw all their effort into supporting a cheap clone brand.

                                  FinnishInquisition, 21 May 2018I distinctly remember asking for "evidence" not "baseless c... moreThat guy is a kid.

                                  All his claims are baseless , He couldn't even provide a source as to why Nokia is Chinese other than his imaginary conspiracy theories.

                                    Do not feed the troll people.

                                    Long live Nokia.

                                      Anonymous, 21 May 2018"researched" in finland? by who? by chinese designers? i c... moreI distinctly remember asking for "evidence" not "baseless claims from an anonymous account".

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                                        • Anonymous
                                        • 60E
                                        • 21 May 2018

                                        FinnishInquisition, 21 May 2018It's researched and designed in Espoo, Finland, in large pa... more"researched" in finland? by who? by chinese designers?
                                        i can't belive european dare to copy "notched" design from apple. And we all know china love to copy everything.