Nokia brand fading away as HMD smartphones take baby steps

HMD Global is transitioning away from Nokia smartphones to focus on its own brands and partnerships, such as with Mattel's Barbie and Heineken. CEO Jean-Francois Baril confirmed the agreement with Nokia to ramp down smartphone operations while continuing feature phones and exploring special editions. HMD will launch new 5G devices and accessories, aiming for a competitive edge in India's manufacturing sector.