HMD Global takes leadership position in feature phone market in Q3, IDC data shows

According to news from this site on November 22, HMD Global, the company responsible for manufacturing Nokia mobile phones, announced that according to the latest data from IDC, the company occupied the first position in the feature phone market in the third quarter of 2023.

This site noticed that HMD Global and IDC have not released detailed market analysis data, but HMD Global’s revenue share in the feature phone market was 30.7%, and its sales share was 22.4%, which was an increase from the previous quarter. Growth

HMD Global said there are several key factors to the success of Nokia feature phones. First of all, the feature phone integrates UPI (Unified Payment Interface), which improves functionality and enables secure digital transactions. Secondly, the company has given new designs and vibrant updates to its flagship models, including Nokia 105 2022, Nokia 110, Nokia 110 4G, Nokia XpressAudio, and Nokia 2660 Flip

A spokesperson from HMD Global The company plans to build on these achievements and continue to maintain its leading position in the feature phone market.

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