HMD Global secures $230M investment from Google and others

HMD Global has secured $230M investment from partners including Google, Qualcomm, Nokia Technologies, announced chief executive Florian Seiche. HMD Global makes Nokia-branded smartphones and its first 5G device – Nokia 8.3 5G – goes on sale next month. This investment will help HMD boost its 5G device development at lower prices. Seiche did not disclose the individual amounts but said that investments from the three comprised a big part of the total investment.

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