Nokia Aimed to Be Top 5 Smartphone Maker in Next 3-5 Years, Says HMD Global CEO

Advertisement
By Ankit Chawla | Updated: 27 February 2018 16:21 IST
Highlights
  • The company will continue to focus on markets like India and Russia
  • HMD aims to become part of the top 5 global OEMs in next 3-5 years
  • The Nokia 8110 (4G) will not be launched in Australia

Nokia licensee brand HMD Global at Mobile World Congress 2018 announced that the Finnish phone maker's ambition is to become one of the top five biggest smartphone OEMs in the world within the next 3-5 years of operations. The company management also expressed doubts around the US launch of its latest portfolio of smartphones (announced at MWC 2018); such an announcement is not on the company's agenda for the near future. An HMD executive also confirmed that the newly launched Nokia 8110 4G would not be launched in Australia.

On the sidelines of MWC 2018, in an interview with CNET, HMD Global President and CEO Florian Seiche said that no new Nokia phones would be launched in the US in 2018. "It's not a core focus for this year, but certainly it is on our road map," he said apparently delaying a substantial US presence for the revamped Nokia brand. His statement on HMD's "ambitions" of becoming one of the top 5 players in the global market, however, contradict the company's inhibitions of entering the US market. HMD's current focus is in markets such as India, Russia, Indonesia, and certain countries in Europe where it has already created a strong foothold in less than 12 months of operations.

Advertisement

CEO Seiche says focusing on increasing market share in these markets will be on the company's radar for the coming months. Launches in developed markets like US is a big opportunity for it to "follow up on". Very few handsets, like the Nokia 3310 (3G), Nokia 6, and Nokia 2 have yet been launched in the US, but the company expects no other phone - not even the redesigned Nokia 8110 4G "Banana" - to make an appearance west of the Atlantic.

The company did not make an assertive statement on whether it would tie up with mobile carriers in the US, if indeed it does come to the market. "Too early yet. We have all options available," said Seiche on queries around the tie up.

We spoke about all the big launches of MWC 2018 on Orbital, our weekly technology podcast, which you can subscribe to via Apple Podcasts or RSS, download the episode, or just hit the play button below.

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Advertisement

Related Stories

Popular Mobile Brands
  1. Oppo Find X9 Ultra With 200-Megapixel Periscope Camera Launched Globally
  2. Vivo X300 FE Roundup: Expected Price in India, Specifications
  3. iPhone 18 May Not Arrive With Hardware Upgrades as Apple Cuts Costs: Report
  4. Samsung Galaxy S27 Ultra Might Arrive With This Battery Upgrade
  1. NASA Shuts Down Voyager 1 Instrument to Extend Mission Life in Deep Space
  2. Oppo Enco Clip 2 With Open-Ear Design, Up to 40 Hours Total Battery Life Launched Alongside Oppo Watch X3 Mini
  3. Vivo Y6t Launched With 6,500mAh Battery, Snapdragon 4 Gen 2 SoC: Price, Specifications
  4. OCBC Partners Lion Global Investors and DigiFT to Launch Tokenised Gold Fund With GOLDX Token
  5. Oppo Pad 5 Pro Launched With 13,380mAh Battery, Snapdragon 8 Elite Gen 5 SoC Alongside Oppo Pad Mini: Price, Features
  6. Redmi K90 Max Launched With Dimensity 9500 SoC, 8,550mAh Battery and Active Cooling Fan: Price, Specifications
  7. Oppo Find X9 Ultra Launched With Snapdragon 8 Elite Gen 5 SoC, 200-Megapixel Periscope Camera: Price, Specifications
  8. Oppo Find X9s Pro Launched With 200-Megapixel Cameras, 7,025mAh Battery: Price, Specifications
  9. OnePlus Ace 6 Ultra Geekbench Listing Reveals MediaTek Dimensity 9500 Chip, 16GB RAM
  10. Motorola Edge 70 Pro+ Leaked Renders Hint at Design, Five Colour Options
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.