Nokia phone maker HMD to use part of its freshly-raised $230 million on Indian operations

HMD will work with local contract manufacturers, chipset designer Qualcomm, and internet giant Google to bring low-cost 4G and affordable 5G smartphones in the coming future, Florian Seiche, CEO at HMD Global, told ET exclusively. Google and Qualcomm had announced a similar partnership with Indian telecom operator Reliance Jio last month.

from Tech-Economic Times
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