HMD Global | Wantstats

Company ProfilePremiumSep 26, 2026

HMD Global

Company Profile Analysis

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Year Founded & Workforce

2016

500 Employees

Industry

Semiconductor

Services

Smartphone

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HMD Global Overview

Company Headquarters: Finland

Founded: 2016

Workforce: ~500

Company Working: HMD Global is a mobile phone company. These mobile phones are sold under the Nokia brand. The Nokia-branded smartphones, feature phones, and tablets are designed and sold by HMD Global, Nokia’s exclusive brand licensee for mobile phones and tablets. In the first year of inception, the company launched its first 11 phones, which included 5 feature phones and 6 Android smartphones. In 2018, HMD Global launched 12 new Android smartphones and five new feature phones. The company operates through 50 offices established across the globe.

Strategy

HMD Global strives to provide products and services, ensuring the ultimate experience to its users. By focusing on user experiences, it is optimizing its product portfolios of mobile phones on par with the new technologies.

Company Snapshot

$1.85M

Revenue

500

Employees

2016

Founded

Finland

Headquarters

SWOT Analysis

Strengths

Strong brand name
Strong reputation as durable and user-friendly smartphones
Large distribution network
High product-resale value

Weaknesses

Poor after sales service
The design and performance of the handsets are poor when compared to their competitors

Opportunities

Adoption of android in mobile handsets
Growing demand for pocket friendly smartphones
Growing demand for feature phones in the US

Threats

Strong competition from major smartphone companies
The profitability of the mobile phone market attracts new players

Key Developments

Date	Approach	Development
December, 2019	Product Launch	HMD Global launched a new product—Nokia 2.3. The phone is fueled by AI and features a 6.2” HD+ screen and a dual camera.
September, 2019	Product Launch	HMD Global launched five new Nokia phones—two smartphones, namely, the Nokia 7.2 and the Nokia 6.2, and three feature phones, namely the Nokia 800 Tough, Nokia 2720 Flip, and Nokia 110.
August, 2019	Product Launch	HMD Global launched Nokia 3 V in the US. The phone is exclusively available at Verizon stores and on VerizonWireless.com.

Product Offering

HMD Global
- Smartphone

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles HMD Global as part of our ongoing coverage of the Semiconductor sector, drawing on public company data, filings, and market intelligence.

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