HMD to double the production of feature phones in 2019

HMD Global, the manufacture of Nokia phone said , that they are aiming to increase its participation in the 4G feature phone segment in India by forming new partnerships. Florian Seiche, chief executive officer said and planning to doubling down on feature phones in 2019.

We see great opportunity at the entry-level feature phone and looking for various strategies including offline and online strategy or through possible operator partnerships in India.

In this competitive market, we work with different strategy at HMD. Our long-term goal is to become one of the top three players in India. We are happy with the progress, but a lot of work to do. says Seiche.

We managed to triple our smartphone user base in 2018 vs previous year. We saw strong growth. By 2018 end, we actually made it to top five in many key markets including big regions like all of Europe, North Africa, middle east, and Russia. Whereas, India is still a key strategic market and single largest market globally because the opportunity is very big and still offers a lot of room to grow.

Speaking on the channel strategy…

Seiche said, we are really focused on the quality of our retail execution in India and we have now an increased footprint in retail presence. We also see great progress in offline space by entering the tier 4 and rural areas of India.

Our strong association with Flipkart is going well, which is our main focus. In India, we definitely see both online and offline, therefore influences our marketing and consumer approach. At the same time we want to promote our own online channel. Our own online channel is the most profitable channel. it gives a lot of insights into consumer demand and behaviour.

Asking about further increase in capacity:

Florian says, we are in the discussion with other players into contract manufacturer to increase production capacity in India. India has the potential to become a manufacturing hub for the company for other countries. We have the vision to bring component ecosystem to India.

Lastly, the focus now is to fully utilize the Indian ecosystem capability to source local technology and components. We are in active discussions with our partners.