HMD Global Confirms Significant Scale-Back of US Operations
HMD Global Confirms Significant Scale-Back of US Operations
HMD Global, the company behind Nokia-branded smartphones, has announced a major reduction in its United States operations. Citing a “challenging geopolitical and economic environment,” the company confirmed its decision to scale back its presence in the US market.
The move signifies a strategic shift for HMD, which has been navigating a complex global landscape. Despite the significant cutbacks, the company assures customers that all existing obligations, including warranty coverage and service for current products, will be honored through its global support teams. HMD also stated its commitment to supporting US colleagues impacted by these changes during the transition.
Looking ahead, HMD Global emphasized its continued focus on long-term growth, particularly in its mainstream business and key segments such as Family, Secure, and Microfinancing, suggesting a redirection of resources away from the competitive US smartphone market.
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