HMD, the company that has been licensing the Nokia brand for its range of Android smartphones, feature phones, tablets, and accessories since 2016, recently made an announcement regarding its operations in the U.S. In a statement released by HMD, the company mentioned that it will be "scaling back" its presence in the U.S. This decision is said to be a result of the challenging geopolitical and economic conditions that are impacting its business in the country.
HMD assured that it will continue to support its existing customers and business partners in the U.S. by honoring warranties, providing service for current products, and offering full support globally. The company also expressed its appreciation for the efforts of its U.S. colleagues who will be affected by this transition and vowed to provide assistance during this period.
Over the years, HMD has reintroduced popular Nokia feature phones like the Nokia 3310 and Nokia 8110, which garnered significant attention from consumers. However, with the decision to scale back operations in the U.S., the future of Nokia phones in the country seems uncertain. HMD's licensing agreement with Nokia is set to expire in 2026, raising questions about the brand's presence in the competitive smartphone market going forward.
