Nokia reportedly continuing licensing agreement with HMD

A report alleges that Nokia has extended their partnership with HMD ‘by about another three years’. This follows our previous report of Nokia seeking out other smartphone manufacturers.

For reference, the original expiration deal of Nokia and HMD Global’s partnership was set for 2026. Earlier this year, HMD stopped making Nokia-branded smartphones and had them unlisted on their website.

As per the ‘renewed’ agreement, HMD won’t return to the smartphone market bearing Nokia’s name. Now, the HMD is to direct their focus on producing and selling Nokia-branded feature phones.

Both companies have yet to make any public statements about the alleged partnership extension. In terms of business, Nokia had an operating profit of EUR 156 million on net sales of EUR 4.39 billion in Q1 2025.

Needless to say, the company, should this agreement be concrete, is coming from a position of strength. Meanwhile, HMD scaled back from their US operations last year, citing economic and geopolitical challenges.

We’ll update readers on this developing story as we await what’s in store for Nokia and HMD Global.