The end of the Nokia smartphone era is approaching. These phones will disappear from stores.
In 2015, the Finnish company Nokia separated its mobile phone production department from its structures and focused on other technological projects related to data transmission.
In order to maintain the brand value and continue to use numerous patents and solutions, a license agreement was signed with the Finnish partner HMD Global, which has been introducing subsequent versions of smartphones with the Nokia logo to the market since November 2015.
In January 2024, HMD changed its name to Human Mobile Devices and decided to develop independently, while Nokia's new strategy assumes withdrawal from this niche business.
In an era of widespread market domination by brands such as Apple and Samsung, it is necessary to spend several billion dollars to keep up with the new solutions offered to customers.
Hence, as Biznes Interia reports, the decision to shorten the duration of the contract with HMD from the end of 2026 and set the deadline for March 2026, when phones marked with the Nokia logo will start to disappear from stores.
This will mark the end of a certain development in the cycle of global digitalization.
Journalist, graduate of political science at the Faculty of Law and Administration of the Jagiellonian University. Associated with the media for over 40 years. After graduating in 1982, he worked on the editorial staff of "Gazeta Krakowska" and "Kurier Polski." A member of the editorial team of "Przegląd Techniczny." He has published articles in "Student," "Przekrój," and "Życie Literackie." Since the economic and political transformation, he has been associated with Reuters as a correspondent in Krakow for over 20 years. For the next three years, he conducted practical classes with students at the Institute of Journalism, Media, and Social Communication of the Jagiellonian University. Since December 2021, he has joined the PTWP Group and works for the WNP.PL portal. His main professional interests include economics and politics at the global level and the participation of Polish business in this field, particularly companies listed on the Warsaw Stock Exchange. Winner of the "Ostra Pióra" award, granted for "spreading economic education" by the BCC, as well as the Golden Pear - a journalistic award of the Małopolska Branch of the Association of Journalists of the Republic of Poland.
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