HMD Global launches three new Nokia smartphones

Reuters News
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Posted: Feb 26, 2017 12:14 PM

BARCELONA, Spain (Reuters) - HMD Global, the Finnish company that owns the rights to use Nokia's brand on mobile phones, launched three moderately priced Nokia smartphones on Sunday that run on Google's Android platform.

Prices for the three devices, named Nokia 6, Nokia 5 and Nokia 3, range from 139 to 299 euros ($147 to $316), and they will be globally available during the second quarter.

HMD, led by ex-Nokia executives and backed by Chinese electronics giant Foxconn, took over the Nokia feature-phone business last year and struck a licensing deal that gave it sole use of the Nokia brand on all phones and tablets for a decade.

It will pay Nokia royalties for the brand and patents, but Nokia has no direct investment in HMD. Nokia Oyj is currently focused on telecom network equipment and technology patents.

(Reporting by Eric Auchard, writing by Jussi Rosendahl, editing by Georgina Prodhan)