HMD is going to withdraw from "select markets", rumor claims
According to a new rumor from a usually reliable source of information about HMD, the company is currently planning on withdrawing from "select markets". It will also allegedly "scale down production for its global device portfolio".
HMD is said to be shifting its "core focus" to "regional markets" as well as the enterprise/industrial sector. The same source goes on to imply that there may be no further HMD global product launches this year. Presumably, that means the company will only be releasing devices on a market-by-market basis in the coming months.
Of course, this is nothing but an unconfirmed rumor at this point, so do take that into account. HMD definitely hasn't been doing great, sales-wise, in the smartphone field, while its feature phone business probably has an expiration date - in that fewer and fewer people are going to be buying them with every year that goes by. We'll let you know if the company responds to this in any way.
Reader comments
- AdamBoy64
- Dn3
It feels like they already have withdrawn over here in Australia. Seems like the Indian market is their focus. I feel a bit sad.. I loved being a Nokia fan for many, many years. But times have changed. The name 'Nokia' means someth...
- Anonymous
- Mnb
That's a good question. I think I used my BlackBerry Motion and the Z10 before for around six years (yes, BlackBerry is my favourite smartphone brand). Since then, I've had about five different Android phones for various reasons, but none o...
- Anonymous
- J1s
European phone market is pretty dominated by high quality phones and they released zero compelling phones even the midrangers. As a European they made phones nobody wants. Design were actually good pre full HMD era, now their phones are just plain ug...
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