HMD Global mobile phone wholesale revenue in the third quarter of 2021

15. 11. 2021 Monday / By: Robert Denes / Generic / Exact time: BST / Print this page

A ccording to a report by Strategy Analytics, HMD Global's European mobile phone wholesale revenue grew + 28% year-over-year and handset average revenue grew + 44% year-on-year, while the company's operating margin reached an all-time high in 2021 third quarter.

On a regional basis, HMD’s smartphone shipments in Western Europe grew 17% year-over-year and currently account for almost a third of the company’s total smartphone sales in HMD’s global regions. HMD (Nokia) is the fifth largest smartphone maker in Western Europe and has a 4% market share.

In Central and Eastern Europe, HMD nearly doubled its smartphone sales annually (+ 95% Y / Y), and in the third quarter of 2021, it reached its highest market share in the past two years at 2%.

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