Chief executive Florian Seiche said HMD has sold around 30 million phones after introducing 11 new phone models over the past year. Mobile phone market tracker Counterpoint Research said Nokia phones surged during 2017 to become the world's No. Europe remains the biggest region for Nokia phones sales, Seiche said; India, Russia and Indonesia are its biggest country markets. Nokia Corp, once the world's dominant phone maker, sold its handset business to Microsoft in 2014 and is now focused on telecom network equipment. HMD took over the Nokia feature phone business from Microsoft in 2016 and struck a deal with Nokia Oyj to use the brand on smartphones.

Source: The Star February 26, 2018 04:07 UTC