HMD Global, the parent company of Nokia smartphones, has confirmed it is scaling back its business in the US due to a challenging geopolitical and economic environment. The decision comes after careful consideration, with the company prioritizing a seamless transition for its customers and partners.
In 2014, HMD was formed from Microsoft’s acquisition of Nokia’s mobile device business, acquiring the rights to the Nokia brand name in 2016. Since then, HMD has produced low-cost Android devices and occasionally released unique products like the reborn Nokia 3310 or Barbie-branded feature phones.
However, despite its efforts, HMD has struggled to gain significant market share in a US market dominated by carrier deals and a limited number of major players. The company’s decision to scale back its operations in the US is largely due to the ongoing threat of tariffs and the current economic environment.
HMD has assured customers and partners that it will continue to honour all obligations, including warranty coverage and service for existing products. The company also plans to support its US employees who may be impacted by this change, although details on how this support will be provided are not yet clear.
This move marks a significant shift for HMD in the US market, effectively ending Nokia’s presence in the region. Despite this setback, the company remains focused on long-term growth and has strong momentum across its mainstream business and key segments.
Source: https://9to5google.com/2025/07/11/hmd-calls-it-quits-on-the-us-smartphone-market-taking-nokia-with-it