Company HMD Global Oy back to profitability in the fourth quarter of 2019

Nokia 3.2

Managed company HMD Global Oy of achievement of the first quarter to positive in the fourth quarter of 2019. The company says the combination of the use several manufacturers to manufacture phones Nokia follow a more focused approach in selected markets is what led her to achieve a quarter of the first profitable.

Not the quarter in any case very good, the report of the analysts suggests that the company HMD Global Oy managed to sell less than three million phone.

Turned company HMD Global Oy to the strategy of relying on hardware manufacturers to assemble Nokia phones due to the disruption of the supply chain in the first half of the year 2019. Reportedly, the first devices which have been retained third-party companies manufacture instead of company HMD Global Oy itself is Nokia 2.2 and Nokia 3.2 Nokia 4.2.

Allowed to rely on third party companies to buy a HMD Global Oy to the manufacture and sale of smart phones margins better, which means she was able to make a profit despite selling fewer units.

Source.

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