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Nokia Ends Smartphone Era, Focuses on Innovation and Buybacks

1/11/2025

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Story summary
  • Nokia has officially closed the chapter on its smartphone and tablet lineup on HMD's website, signaling the end of an era. As HMD shifts its focus to its own brand, only a handful of Nokia feature phones remain. Meanwhile, Nokia is committed to innovation, launching a share buyback initiative aimed at boosting shareholder value and ensuring financial stability.