HMD Global Oy, branded as HMD, is a Finnish mobile phone company, made up of the mobile phone business that Nokia had sold to Microsoft in 2014, then bought back in 2016. ... The company has exclusive rights to the Nokia brand for mobile phones through a licensing agreement.
In 2016, Microsoft sold the Nokia smartphone business for $350 million to a subsidiary of Hon Hai/Foxconn Technology Group and HMD Global, led by former Nokia and Microsoft mobile executives. ... Nokia's primary focus now is on network equipment, software and services for communications providers and other enterprises