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What Happened to HMD Global (Human Mobile Devices)?

HMD Global, initially founded to revive Nokia-branded mobile phones, has undergone a significant transformation, rebranding as Human Mobile Devices in 2024 and shifting its primary focus to its own line of HMD-branded smartphones and innovative 'smart feature phones'. While continuing to license the Nokia brand for feature phones, the company has ceased producing Nokia-branded smartphones and is now emphasizing affordability, repairability, and digital inclusion with its new product portfolio. HMD Global has maintained profitability for ten consecutive quarters as of 2025, demonstrating a successful strategic pivot.

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Quick Answer

HMD Global, originally known for manufacturing Nokia-branded smartphones and feature phones, has rebranded to Human Mobile Devices (HMD) and is now primarily focused on developing and marketing its own line of HMD-branded smartphones and 'smart feature phones'. As of 2026, the company has phased out Nokia-branded smartphones, though it continues to produce Nokia feature phones under an extended licensing agreement. HMD is innovating in the feature phone segment by integrating AI, digital wallets, and video calling, while also expanding into a 'Secure' division for enterprise devices and a range of accessories.

📊Key Facts

Founded Year
2016
Wikipedia
Headquarters
Espoo, Finland
Wikipedia
Total Funding
$610M (over 3 rounds)
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Latest Funding Round
Series B, Jul 29, 2022, $230M
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Annual Revenue (as of Mar 31, 2025)
₹1,000+ Cr (India subsidiary)
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Employee Count (as of Jun 30, 2026)
1,437
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Consecutive Quarters of Profitability (as of 2025)
10
HMD Newsroom

📅Complete Timeline15 events

1
November 9, 2015Major

HMD Global Incorporated

HMD Global Oy was originally incorporated in Helsinki, Finland.

2
May 18, 2016Critical

Acquires Microsoft's Feature Phone Business & Nokia Licensing Deal

Microsoft Mobile announced the sale of its feature phone business to HMD Global and FIH Mobile, including design rights and the right to use the Nokia brand on mobile phones and tablets worldwide until 2024 (later extended for feature phones).

3
December 1, 2016Major

Begins Marketing Nokia-Branded Devices

HMD Global officially began marketing Nokia-branded smartphones and feature phones through its exclusive licensing agreement.

4
January 8, 2017Major

Launches First Android Smartphone, Nokia 6

HMD Global unveiled its first Android-powered Nokia smartphone, the Nokia 6, exclusively in China.

5
February 2017Major

Relaunch of Nokia 3310 at MWC

At Mobile World Congress, HMD announced the relaunch of the iconic Nokia 3310, alongside new Android devices Nokia 3 and Nokia 5, generating significant media attention.

6
Q4 2017Major

Achieves Top Vendor Status in Key Markets

HMD was the best-selling mobile phone vendor overall in Vietnam and most Middle Eastern countries, and the number one feature phone vendor worldwide.

7
August 2020Major

Secures Series A2 Funding from Strategic Investors

HMD Global raised $230 million in its Series A2 round, bringing in strategic investors like Google, Qualcomm, and Nokia Technologies.

8
October 3, 2023Notable

First Phone Manufactured in Europe (Nokia XR21)

HMD Global announced that the Nokia XR21 was its first phone manufactured in Europe, a notable step towards local production.

9
January 2024Critical

Rebrands to 'Human Mobile Devices' and Teases Own-Brand Phones

HMD Global rebranded to 'Human Mobile Devices' and began teasing the launch of its own HMD-branded smartphones, signaling a strategic shift away from exclusive Nokia branding for smartphones.

10
March 2024Major

Launches First Self-Branded HMD Smartphone (HMD Vibe)

HMD Global released the HMD Vibe as its first non-Nokia HMD smartphone, marking the beginning of its multi-brand strategy.

11
September 2025Major

Nokia Feature Phone Licensing Extended; Exits US Smartphone Market

Nokia Corporation extended its licensing agreement with HMD for Nokia-branded feature phones beyond 2026. Simultaneously, HMD announced its withdrawal from the US market for new devices.

12
October 7, 2025Notable

Launches HMD Touch 4G, a 'Hybrid Phone'

HMD redefined digital inclusion with the launch of the HMD Touch 4G, a 'hybrid phone' combining feature phone simplicity with smartphone flexibility.

13
January 20, 2026Notable

Launches DUB Audio and Smartwatches

HMD launched its 'HMD Dub' audio and wearable products, including smartwatches, initially in the Middle East and North Africa, with plans for global expansion.

14
March 1, 2026Critical

MWC 2026 Announcements: Smart Feature Phones, AI, Digital Wallet

At Mobile World Congress 2026, HMD unveiled plans to integrate video calling, AI assistance, and built-in digital wallets into a new generation of smart feature phones, targeting digital inclusion.

15
August 8, 2026Major

HMD Touch AI Tipped for Global Launch

The HMD Touch AI, a smart feature phone with a Nokia Lumia-inspired design and AI features, which debuted in China in July 2026, is reportedly preparing for a broader international market launch.

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🔍Deep Dive Analysis

HMD Global Oy was incorporated in Helsinki in November 2015 and began operations on December 1, 2016, following Microsoft Mobile's sale of its feature phone business. The company secured an exclusive global licensing agreement with Nokia Corporation to produce Nokia-branded mobile phones and tablets. Led by former Nokia executives, HMD Global quickly gained traction by leveraging Nokia's brand trust and nostalgia, launching its first Android smartphone, the Nokia 6, in January 2017, and famously re-launching the iconic Nokia 3310 at Mobile World Congress in February 2017. Initially, HMD aimed for flagship smartphones but shifted its focus to mid-tier and entry-level devices after lukewarm sales of its Nokia 9 PureView in 2019, finding more success in these segments and becoming a major manufacturer of feature phones.

A key turning point for HMD Global came with its Series A2 funding round in August 2020, raising $230 million from strategic investors including Google, Qualcomm, and Nokia Technologies, which helped align its product roadmap and supply chain. By 2023, HMD began considering dropping the Nokia branding for smartphones to diversify its portfolio and attract younger customers. This strategic shift materialized in January 2024 when HMD rebranded to 'Human Mobile Devices' and started releasing self-branded HMD smartphones, such as the HMD Vibe, effectively discontinuing Nokia-branded smartphones by 2025, with the exception of feature phones.

In September 2025, Nokia Corporation extended its licensing agreement with HMD for another two to three years beyond the original 2026 expiration, ensuring the continued sale of Nokia-branded feature phones through HMD Global. However, HMD also announced its withdrawal from the US market for new devices due to unfavorable regulatory conditions. The company has since focused on a multi-brand strategy, emphasizing repairability, sustainability, and affordability. It has also begun manufacturing some devices, like the Nokia XR21, in Europe since October 2023, marking a significant step in its production strategy.

As of August 2026, HMD Global is in a strong financial position, having delivered ten consecutive quarters of profitability through 2025. The company's 2026 ambitions, unveiled at Mobile World Congress, include redefining feature phones with new 'smart feature phone' experiences, incorporating video calling, AI-powered assistance, and built-in digital wallets, starting with launches in India. HMD is also scaling its Softlock micro-financing platform, expanding its 'Secure' division for mission-critical and enterprise devices with products like the HMD Terra M and HMD Ivalo, and growing its accessories portfolio under the 'HMD Dub' range. The HMD Touch AI, a smart feature phone with a Nokia Lumia-inspired design, launched in China in July 2026 and is slated for a global rollout, including Southeast Asia.

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People Also Ask

What is HMD Global's current brand strategy?
HMD Global has rebranded to Human Mobile Devices (HMD) and is now focusing on its own line of HMD-branded smartphones and 'smart feature phones'. While Nokia-branded smartphones have been phased out, HMD continues to produce Nokia-branded feature phones under an extended licensing agreement.
Did HMD Global stop making Nokia smartphones?
Yes, HMD Global has discontinued Nokia-branded smartphones as of 2025, shifting its focus to its own HMD-branded smartphones. However, it continues to manufacture and sell Nokia-branded feature phones.
What are HMD Global's plans for feature phones in 2026?
In 2026, HMD Global is redefining feature phones by introducing 'smart feature phone' experiences that include video calling, AI-powered assistance, and built-in digital wallets, aiming to bring essential digital services to a wider audience.
Is HMD Global profitable?
Yes, HMD Global has demonstrated strong financial health, achieving ten consecutive quarters of profitability through 2025 despite a challenging global mobile market.
Why did HMD Global shift away from Nokia smartphones?
HMD Global shifted away from Nokia-branded smartphones to diversify its portfolio, attract younger customers, and build its own brand identity. The original Nokia smartphone licensing agreement was set to expire in 2026, prompting HMD to prepare for a more self-reliant future.