Q3 '18: HMD (Nokia): Smartphone Growth Drops Sharply

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Report Summary:

HMD smartphone shipments continue to grow. HMD’s global smartphone shipments grew whopping 141% YoY in the third quarter making HMD one of the fastest growing smartphone vendors in the market. Despite good progress in smartphones, total handset shipments declined -17% YoY. HMD faced some supply issues as well as overgrown inventory in some markets that were that primary reasons for the lack luster performance during Q3 2018. Increased competition especially in the African and Indian markets also contributed to the decline.

Table of Contents

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

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