HMD Global brings in $100 million funds for expansion

HMD Global has raised $ 100 million in funding in a bid to expand the products and company. The Finland-based company disclosed that the amount will be used to expand the popular Nokia product range. The company has been slowly releasing new devices loaded with Android Oreo.

The reports suggest that the company is gearing up to launch a wide range of new handsets that will most likely be pushed with Android P before the end of 2018.

HMD Global introduced Android smartphone during the sidelines of MWC 2017. The company also launched the conventional version of the Nokia 3310 and it got rave reviews among the community. HMD Global has so far launched 1…

Pavlos Papadopoulos

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1 Response

  1. 28/12/2018

    […] HMD Global’s Nokia devices aren’t great for development since most of them don’t have unlockable bootloaders, but at least they get consistent updates. The Nokia 5.1 Plus was launched in August with Android 8.1 (Android One) and HMD Global is now rolling out the Android Pie update to the device. […]

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