Q4 ’20: HMD: Back to Profit

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Report Summary:

HMD (Nokia) returned to profit for both smartphone and feature phone divisions. This is driven by company redoubling its effort on higher end smartphones which includes higher ASPs 5G devices shipment. Despite smartphone division not being in loss anymore, the overall revenue of the segment declined 32% YoY due to decreased shipment amidst tough competition from Chinese vendors.

Table of Contents

1. Executive Summary
2. Key Trend Analysis
3. Quarterly Financial Charts
4. Conclusion
5. How Can We Help You
6. Analyst Contacts

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