HMD Global really struggled to sell Nokia smartphones last quarter

HMD Global revived the Nokia smartphone brand over three years ago and experienced instant success. Sales climbed from only 100,000 units in Q1 2017 to over 4.4 million in Q4 2017 and then remained pretty stable throughout 2018.

Last year was much tougher for the Finnish company – sales dropped in every quarter except Q2 2019 – and new data suggests 2020 could be even worse.

Nokia smartphone sales are in freefall 
The data gathered by Counterpoint Research (via ) suggests HMD Global shipped only 1.7 million smartphones during the first quarter of 2020. That number is down 45.2% ...

Source PhoneArena https://ift.tt/2KWzi9B
via Seoandserver