HMD Global, the manufacturers of Nokia phones raise USD 100 Million

HMD Global, the Finnish company that currently manufactures and sells Nokia phones worldwide raised a total of USD 100 Million from different investors. The funding was led by Ginko Ventures, which is a Geneva based venture fund. Other investing parties included Wonderful Stars and DMJ Asia. Florian Seiche, CEO, HMD Global, said in a statement “We are thrilled to have these investors join us in our journey to script the next chapter of Nokia phones. It is our ambition to deliver great smartphones that delight our fans while staying true to our Finnish roots and the hallmarks that the Nokia …

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Nokia and T-Mobile perform 5G data transmission test in USA

In a post on its website, Nokia announced that it performed a 5G data transmission test in collaboration with T-Mobile USA and Intel at Bellvue, Washington State, USA. The test was performed at the busy downtown corridor of Bellvue, the post stated. It used the 28GHz spectrum using the Nokia 5G commercial AirScale solution and the 5G Mobile Trial Platform (MTP) from Intel. This was T-Mobile’s first 3GPP standard commercial standard inter vendor 5G network. Rick Corkey, the head of Nokia in North America said “The path to 5G is paved with tremendous endeavor and innovative milestones such as our …

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