Devices > Smartphones Blog

Smartphone Boost for HMD (Nokia) in Q2 2021

by Boris Metodiev | Aug 05, 2021

HMD (Nokia) global handset wholesale revenue went up +85% YoY, handset ASP increased +58% YoY, while operating margin hit its second highest point ever for the company in Q2 2021.

The successful rebranding and launch of the new smartphone line of the Nokia C, G and X series, and its positive effect on the company’s financials, showcases how important for HMD would be to continue with the transition from feature phones to smartphones, where margins and profitability are much better.

Smartphone revenue share accounted for 77% of the company’s total revenue in Q2 2021, its highest level for the last six quarters.

Wireless Smartphone Strategies (WSS) clients can find the answers of all questions, and much more, in the full report here.


Previous Post: Q2’21: Vivo’s Growth Momentum Hinges on Faster Geo Diversification | Next Post: Overseas Growth Fuelled OPPO’s Growth in Q2 2021

Let's talk

Now you know a little about us, get in touch and tell us what your business problem is.
Inquiry / Message:

please enter captcha from left