FILE PHOTO: The new Nokia 8110 is seen during the Mobile World Congress in Barcelona, Spain, February 27, 2018. REUTERS/Yves Herman/File Photo
HELSINKI: HMD Global, the Finnish company that owns the right to use the Nokia brand on phones, has raised US$100mil (RM396.58mil) of funding intended to boost growth, it said on May 21.
Having sold about 70 million Nokia phones and generated sales of €1.8bil (RM8.43bil) in its first year, 2017, HMD said it plans to expand its Nokia smartphone range and to double sales channels in key markets this year.
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