Nokia pursues 5g at the forefront, gaining $230 million financing from Qualcomm Google

In 5g era, Nokia did not withdraw from public view. HMD, a maker of Nokia branded smartphones, has received $230 million in funding from Google and Qualcomm, Reuters reported. < / P > < p > HMD is an exclusive manufacturer of mobile phones and tablets authorized by Nokia. It was founded in 2016 and its main founders are all from Nokia. After being taken over by HMD, Nokia, which fell behind in the 3G era, announced its return to the mobile phone market on CES in 2017. < / P > < p > in addition to mobile phones, Nokia also has a layout in the research and development of communication technology, which is the third largest 5g communication technology company after Huawei and Ericsson. < / P > < p > at present, in addition to function machines, HMD has been launching smart phones. With excellent quality and cost performance, HMD function machine sales are booming in some underdeveloped areas. < / P > < p > in the first two years after being taken over by HMD, Nokia’s mobile phone shipment has experienced a rapid growth stage. According to counterpoint data, in the second quarter of 2018, the number of intelligent machines shipped reached the top 10 in the world, and 17.59 million smart machines were shipped in the same year. < / P > < p > however, with more and more regions transiting to smart phones, Nokia has long been listed as others in the global mobile phone shipping list. In 2019, the growth of HMD fell into a bottleneck, with 12.9 million smart machines shipped, down 27% year-on-year, and 53.49 million functional machines, a year-on-year decrease of 17%. < / P > < p > with the support of Google and Qualcomm, this fund will be used to help HMD develop 5g smart phones. The new phones launched may cooperate with operators and be sold in the U.S. market. As early as March this year, Nokia released its first 5g mobile phone, the Nokia 8.35g. < / P > < p > according to the financial report, HMD’s revenue in 2019 was 1.7 billion euro, a year-on-year decrease of nearly 30%, a loss of 295 million euro, a year-on-year increase of more than 50%. As early as 2018, HMD received US $180 million in financing, and this financing is the second external capital injection. This is also the largest financing that HMD has received since 2016, so it has the effect of “extending the life” of HMD. gather and watch! Huawei P40 Pro evaluation: excellent mobile phone photography elegant design, do you like it?