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Nokia phone maker HMD to set up production in Europe

HMD Global Oy, licensee of Nokia-brand smartphones, is developing capabilities and processes to bring 5G device production to Europe.

  • HMD Global Oy, licensee of Nokia-brand smartphones, is developing capabilities and processes to bring 5G device production to Europe.
  • Europe has no big smartphone manufacturing presence as major companies make phones in Asia to cut costs.
  • HMD is working with IT security partners on software modifications and thorough testing as the first stages of manufacturing and testing smartphones in Europe.
Nokia phone maker HMD to set up production in Europe
HMD Global Oy, licensee of Nokia-brand smartphones, said on Saturday it is developing capabilities and processes this year to bring 5G device production to Europe.

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