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Nokia has 10.10% ownership in HMD Global after investing alongside Qualcomm and Google in 2020. In the 2020 financial report, FIH Mobile disclosed they have a 14.38% ownership in HMD Global. Finnish Nokia owns 10.10% of HMD Global, while other investors include Google, Qualcomm, and others with an undisclosed share in HMD.
HMD Global (Human Mobile Devices) is a Finnish independent mobile phone manufacturer. The company is owned by the Luxembourgish holding company Smart Connect GL.The company is made up of the mobile phone business that the Nokia Corporation sold to Microsoft in 2014, then bought back in 2016.
The name "Nokia" is derived from the town of Nokia, Finland and the nearby Nokianvirta River, which was located next to the company’s original factory. The commercial entities that preceded the modern-day Nokia company included Nokia Ab (Nokia company); Suomen Gummitehdas Oy (Finnish Rubber Works Ltd); and Suomen Kaapelitehdas Oy (Finnish Cable Works Ltd).
Nokia Corp (NYSE:NOK) stock rebounded Friday from Thursday’s selloff, as its quarterly report failed to impress the Street. The Finnish telecom company clocked a fiscal third-quarter net sales ...
With much of Nokia's turnaround story thesis based on its performance in China, the company took a 2% hit today on word that the company had dropped from first place to seventh in sales in China.
Nokia's (NYS: NOK) fortunes have taken quite a downturn lately. Its recent line of Microsoft (NAS: MSFT) Windows Phone-powered Lumia smartphones has had underwhelming sales in Europe since its ...
Alcatel-Lucent Submarine Networks became part of Nokia in 2016. Nokia and ASN added another cable ship to the fleet, CS Ile d'Ouessant. [29] This vessel was purchased in 2019 and was built in 2011 as the CS Toisa Warrior. [35] In 2021, Nokia and ASN added two more cable ships for the fleet, the CS Ile d'Yeu and CS Ile de Molène. [36]
Nokia Corporation is a Finnish multinational communications corporation, founded in 1865. It is headquartered in Keilaniemi , Espoo , a city neighbouring Finland's capital Helsinki . [ 1 ] Nokia is engaged in the manufacturing of mobile devices and in converging Internet and communications industries.