The first made-in-Hungary 5G model from HMD Global, which produces phones under the Nokia name, is now available for purchase, making it the first major smartphone manufacturer to produce handsets in Europe. This model is targeted towards consumers who are concerned about data security.
The Nokia XR21, our iconic rugged 5G smartphone, will be produced in Europe, and we couldn’t be happier about it, said Jean-Francois Baril, co-founder, chairman, and CEO of HMD Global.
Before HMD established its operations in Hungary, there was no significant smartphone manufacturing in Europe because big manufacturers like Apple and Samsung produced their products in Asia to reduce costs.
China, a significant market for the American corporation, produces the majority of Apple’s iPhones. However, in recent years, worries over national security have increased, leading the U.S. to impose technical sanctions on Huawei’s mobile business and China to tighten restrictions on the use of iPhones by government officials.
“We are dedicated to investing in security, technology and manufacturing processes that make our devices more secure and longer lasting,” Baril stated.
The first European model, according to HMD, was created for business customers, some of whom had asked for more security in collaboration with their IT security partners.
The company has servers in Finland that have been processing and holding consumer and corporate data from all of its handsets since 2019. The company has already stored data in the European Union.
In order to produce Nokia-branded smartphones and tablets, HMD and Nokia Oyj (NOKIA.HE), formerly the world’s largest phone manufacturer, entered into an exclusive 10-year licencing arrangement in 2016.
It said in March that it would begin manufacturing in the European Union, encouraging businesses to establish production in important industries like semiconductors.
According to the business, the Nokia XR21 European variant starts at 649 euros, or 549 pounds.
According to the corporation, a limited edition of 30 frosted platinum units from the European production line will start selling for 699 euros or 599 pounds on the internet.
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Source: fifty7tech.com
