HMD Global India Operations Already Profitable, Executive Says

HMD Global India Operations Already Profitable, Executive Says


HMD Global, the licensee of the Nokia model for telephones, says the corporate’s India operation has already turn out to be worthwhile. The firm can also be aspiring to be among the many prime three gamers within the smartphone house globally in addition to in India, an official stated on Tuesday.

The Finland-based firm is specializing in ramping up smartphone ranges together with characteristic telephones and likewise engaged on design and software program features as part of its methods to attain the objective.

“We are aspiring to be top three smartphone players globally and in India. As a part of strategy, the company has been focusing on design and software aspects along with quality. We are building the range in the smart and feature phones,” HMD Global Business Head (North and East), Amit Goyal stated.

In India, six Nokia-branded smartphones are already out there and two extra shall be out there shortly together with 5 characteristic telephones, he stated.

“We have sold about 70 million phones globally in the last year or so. India is the significant contributor to this global sales and the country is already among the top three countries in terms of company’s business. India’s operation is already profitable,” he stated however declined to share the gross sales numbers.

According to Goyal, the corporate would launch extra merchandise within the subsequent few months and deepen its distributors’ community.

“We will also continue on focusing feature phones as these account for 50 percent of the India market,” he stated.

Since its inception in December 2016, the corporate has already operations in 80 nations and its merchandise can be found in about 170 nations. Nokia telephones are manufactured on the Foxconn plant close to Chennai.

Adapted From: Gadgets360

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