HMD Global Raises $100 Million in Funding to Sell More Nokia Phones in a Massive Market Expansion Move

HMD Global Raises $100 Million in Funding to Sell More Nokia Phones in a Massive Market Expansion Move

6 years ago
Anonymous $CLwNLde341

https://wccftech.com/hmd-global-100-million-raise-sell-more-nokia-phones/

Nokia handsets might be seen more across different markets thanks to the latest development. In a move from HMD Global, $100 million has been raised in order to sell more Nokia-branded handsets around the world.

Currently, the licensee is slowly taking the smartphone market with impressively crafted mid-range phones and feature devices that give more value to the customer than their actual price tag and with lots of liquid capital at hand now, global expansion is something that HMD might be targeting with a reduced burden.