On 18 May 2016, Microsoft Mobile sold its Nokia-branded feature phone business to HMD Global , a new company founded by former Nokia executive Jean-Francois Baril, and an associated factory in Vietnam to Foxconn’s FIH Mobile subsidiary.
Read moreIs Nokia owned by China?
In simple words, no, Nokia isn’t a Chinese company . Nokia is a Finland-based company that was taken over by HMD Global in 2016. Presently, HMD Global has the exclusive license to use the Nokia brand on mobile phones and other gadgets.28 Kas 2020
Read moreIs Nokia owned by Microsoft now?
The acquisition of Nokia’s mobile phone business by Microsoft was closed on 25 April 2014 for “slightly more” than the originally stated €5.44 billion. Nokia’s mobile phone assets became a part of Microsoft Mobile , a new subsidiary of Microsoft based in Finland.
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