Wonderful Tech @Taiwan

### HMD Global and Nokia: Assessing the Past, Present, and Future of Their Partnership Since 2016, Nokia and HMD Global have successfully maintained a collaborative relationship that has revitalized the Nokia brand through a range of mobile and tablet devices. The partnership has been structured around a brand licensing agreement that facilitates the global sale of devices bearing the Nokia brand. But recent developments suggest a potential shift in strategy for HMD Global, raising several questions about the future of the partnership. #### **Historical Background of the Partnership** The collaboration between Nokia and HMD Global blossomed out of a mutual objective to resurrect the once iconic Nokia brand. The agreement was founded on a well-defined business model encompassing brand licensing, shared technologies, and revenue-sharing parameters that aligned with the vision to rejuvenate the Nokia brand while ensuring a strategic business growth. #### **A New Era with HMD’s Own Brand**

### The Revival of Nokia: An Insight into the Nokia-HMD Global Partnership In a dynamic and fiercely competitive mobile device market, alliances and partnerships are not uncommon. One such notable collaboration is between Nokia, a veteran in the telecommunications industry, and HMD Global, a relatively new player aiming to make significant strides in the market. Here we delve deep into the partnership between these two Finnish companies, exploring the synergy that brings Nokia’s legacy into the modern smartphone era. #### **Background** **Nokia**, with its rich history stemming from a paper manufacturing venture to becoming a leader in the telecommunication equipment and mobile communications devices, was a global giant in the mobile manufacturing sector during the early 2000s. However, with the advent of smartphones, Nokia's market share gradually dwindled. **HMD Global**, founded in 2016, came into existence with the primary goal to create and market mobile phones and tablets und

### The Revival of Nokia: An Insight into the Nokia-HMD Global Partnership In a dynamic and fiercely competitive mobile device market, alliances and partnerships are not uncommon. One such notable collaboration is between Nokia, a veteran in the telecommunications industry, and HMD Global, a relatively new player aiming to make significant strides in the market. Here we delve deep into the partnership between these two Finnish companies, exploring the synergy that brings Nokia’s legacy into the modern smartphone era. #### **Background** **Nokia**, with its rich history stemming from a paper manufacturing venture to becoming a leader in the telecommunication equipment and mobile communications devices, was a global giant in the mobile manufacturing sector during the early 2000s. However, with the advent of smartphones, Nokia's market share gradually dwindled. **HMD Global**, founded in 2016, came into existence with the primary goal to create and market mobile phones and tablets und