Nokia phone maker HMD to set up production in Europe

a night time view of a river and buildings

Nokia phone maker HMD is reportedly set to begin production in Europe later this year, according to a new rumor.

This would be a major shift for the company, which has been manufacturing its phones in China up until now.

The move would also be a big win for Europe, as it would bring jobs and economic activity to the continent.

HMD has not yet commented on the rumor, but it would make sense for the company to diversify its manufacturing base.

China has been a controversial manufacturing powerhouse in recent years, and HMD may be looking to distance itself from that stigma.

Europe, on the other hand, is seen as a more stable and trusted manufacturing region.

If the rumor is true, we could see HMD’s first European-made phones sometime in late 2021 or early 2022.

Stay tuned for more updates on this story as it develops.

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