Nokia teams with HMD Global on IoT, smartphone collaboration

Finnish giants join forces

Espoo, Finland – Nokia will cooperate with HMD Global to use Nokia's Worldwide IoT Network Grid (WING) for an upcoming smartphone release.

What does this mean?

The two companies will combine their expertise to develop and market a new line of smartphones that will be powered by WING. This will give HMD Global access to Nokia's vast network of IoT devices and sensors, which will allow them to create more innovative and connected smartphones.

The first smartphone in this new line is expected to be released in 2023. It will be a flagship device that will feature the latest in smartphone technology, including 5G connectivity, a high-resolution display, and a powerful processor.

How does this benefit Nokia?

This collaboration will allow Nokia to expand its reach into the smartphone market. Nokia is already a major player in the telecommunications industry, but it has not been as successful in the smartphone market. This partnership with HMD Global will give Nokia a chance to gain a foothold in this important market.

What does this mean for HMD Global?

This collaboration will give HMD Global access to Nokia's vast network of IoT devices and sensors. This will allow them to create more innovative and connected smartphones.

HMD Global is a Finnish company that was founded in 2016. The company is the exclusive licensee of the Nokia brand for mobile phones and tablets. HMD Global has quickly become one of the leading smartphone manufacturers in the world. The company's smartphones are known for their high quality and affordable prices.

Conclusion

This collaboration between Nokia and HMD Global is a win-win for both companies. Nokia will be able to expand its reach into the smartphone market, and HMD Global will be able to create more innovative and connected smartphones.