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Bloomberg
Finnish company HMD Global Oy unveiled a range of new phones, including a redesign of the classic Nokia 3310, in a bid to win back mobile consumers.
Two new smartphones, the Nokia 3 and Nokia 5, are set to come to market in the second quarter, HMD executives said at the Mobile World Congress in Barcelona. The phones will run Google’s Android operating system and Google Assist, and will retail for 139 euros ($147) and 189 euros, respectively. HMD also showcased the re-release of the Nokia 3310, a lower-cost feature phone first sold just under 17 years ago.
The release is the first major push by HMD to revive Nokia’s glory days as a global mobile producer. After the collapse in its fortunes, Nokia Oyj sold the business to Microsoft Corp. in 2014, and staffing in mobile-phone operations in Finland fell to under 1,000, from more than 24,000.
HMD — run by Chief Executive Officer Arto Nummela, a former Nokia executive — has previously said it will invest more than $500 million in the next three years to market the phones and tablets.
While HMD controls the sales, marketing and distribution of the Nokia brand for smartphones, the manufacturing operations were sold by Microsoft to a subsidiary of Foxconn Technology Co. The Nokia 6 has already been released in China in January, and is set to be introduced globally.