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Nokia to cut as many as 14,000 jobs as profit drops by 69%
(www.marketwatch.com)
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this post was submitted on 19 Oct 2023
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Last time I wanted to buy a smartphone from Nokia they didn't even have a phone in the higher price segment. I think the highest was 500 Euro and the components were worse or only slightly better than my old phone. If they had better phones, I'd buy them.
Nokia is not making phones anymore. Those on the market are from HMD Global, a Chinese company which bought the brand name Nokia for mobile.
HMD Global is a Finnish company, run by ex-Nokia executives. It's pretty nuch the old Nokia, seperated enough to not bankrupt the original company if it goes bad.
The phones are no more Chinese than Google and Apple.
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If I recall well the phone conception is done in China. The only Finn part is the company itself and its management.