BARCELONA : HMD Global Oy, licensee of Nokia-brand smartphones, said on Saturday it is developing capabilities and processes this year to bring 5G device production to Europe.Europe has no big smartphone manufacturing presence, as all the major companies, including Apple and Samsung, make their phones in
BARCELONA : HMD Global Oy, licensee of Nokia-brand smartphones, said on Saturday it is developing capabilities and processes this year to bring 5G device production to Europe.
Finland-based HMD said in a news release it was working with a number of IT security partners on software modifications and thorough testing as the first stages of manufacturing and testing smartphones in Europe.The European Union has been encouraging companies to set up production in key sectors, introducing laws and offering subsidies as the bloc did for semiconductors with the European Chips Act.
HMD in 2016 signed an exclusive 10-year licensing agreement with Nokia Oyj, once the world's largest phone maker, to make Nokia-branded smartphones and tablets.
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