Finnish mobile phone manufacturer HMD Global has announced its plans to start manufacturing smartphones in Europe. The company which produces Nokia-branded smartphones will produce its 5G models in the region. Previously, HMD has built smartphones using Taiwanese manufacturing partner Foxconn. The smartphones were built with the Nokia branding in Asia, including China and India.
This will be Europe’s first large-scale smartphone manufacturing operation as major companies like Apple and Samsung make their phones in Asia to cut costs. According to a report by news agency Reuters, HMD has said that its first European model which is based at Hungary is designed for enterprise customers.
First Nokia phones to be made in Europe
The company said that the Nokia XR21 European edition will be priced from 649 euros, or 549 pounds. These smartphones are now available for purchase. HMD also noted that a limited edition of 30 units from the European production line in frosted platinum colour option will be available for purchase from the company’s website from 699 euros or 599 pounds.
HMD Global co-founder, chairman and CEO Jean-Francois Baril said, “We are thrilled to be manufacturing the Nokia XR21, our signature rugged 5G smartphone, in Europe. We are dedicated to investing in security, technology and manufacturing processes that make our devices more secure and longer lasting,” the agency reported.
In March, the company said that it would start manufacturing in the European Union. The EU has also been encouraging companies to set up production in key sectors such as semiconductors.
Why HMD is making Nokia phones in Europe
Nokia’s first made in Hungary 5G models are aimed at customers who are sensitive with data security. The company said these European models are designed for enterprise customers who requested additional security in conjunction with their IT security partners.
The company already stores data in the European Union. HMD’s consumer and corporate data from all of its smartphones are held and processed on servers in Finland since 2019.
In 2016, the company signed an exclusive 10-year licensing agreement with Nokia Oyj. which was once the world’s largest phone maker. The company agreed to make Nokia-branded smartphones and tablets.
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