The great Nokia smartphone revival comes at a steep price: opinion


The New Nokia 6, Nokia 8 Sirocco, Nokia 8110, Nokia 1 and the Nokia 7 Plus are seen at a pre-launch event in London, Britain February 22, 2018. Picture taken February 22, 2018. REUTERS/Peter Nicholls

FIH Mobile Ltd managed to double revenue to a record, yet the smartphone manufacturer posted its deepest loss in history. 

We're talking about the Hong Kong-listed unit of Terry Gou's Foxconn Technology Group that assembles devices for brands such as Xiaomi Corp and Huawei Technologies Co, both of which had a fabulous 2017. FIH doesn't make iPhones. 

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