HMD Global, the company that was licensed to sell Nokia branded phones has a reason to celebrate this season. The company, according to analyst firm Counterpoint, has sold a total of 16.3 million phones between July and September of 2017. From this figure, 2.8 million were smartphone sales and 13.5 million were feature phone sales.
In comparison, IDC revealed that HMD had sold 1.5 million smartphones in the first half of 2017, so a figure of 2.8 million in three months is impressive and a great indicator of growth, better than Q1 and Q2 sales combined. Counterpoint’s report also shows that HMD Global is ranked 8th smartphone vendor in the world and 3rd feature phone vendor in the world, in Q3 2017.
Well, to add to the good news for HMD, Strategy Analytics expressed confidence that Nokia phones will be one of the key drivers of smartphone shipment growth in 2018, alongside Apple, Huawei, OPPO, Xiaomi, Vivo, Lenovo-Motorola and interestingly, Transsion Holdings (TECNO, Infinix and Itel). As if that’s not enough, a report off Taiwan revealed that Nokia phones demand has propelled Foxconn (they manufacture the Nokia devices for HMD) to the be the top Original Device Manufacturer in Q3 2017.
Pointers are that the same exponential growth in sales that HMD has experienced will be replicated in Q4 2017, which means even better sales reports for the company considering this is the festive season. Well, HMD Global has been having a great year, considering the company has been around just for that one year.