HMD Global, the company that has produced Nokia-branded handsets since 2016, is scaling back its United States operations and exiting the local phone market.
In a statement shared with Wired and referenced by The Verge, HMD said the current “geopolitical and economic environment” prompted a reassessment of its strategy.
Although the firm will stop selling devices in the US, it confirmed that all existing warranties and customer support commitments remain in place. HMD also emphasized that it is not closing down; instead, it will concentrate on growth opportunities elsewhere, particularly in its Family, Secure, and Micro-financing product lines.
The company added that it will assist employees affected by the transition.
The move ends a complex chapter that began when Nokia sold its handset division to Microsoft in 2014.
Two years later, former Nokia executives created HMD, bought the business back from Microsoft, and secured licensing rights to keep using the Nokia name on phones.
Over nearly a decade, HMD released a mix of Nokia-branded Android smartphones, feature phones—including a recent Barbie-themed flip model—and, more recently, handsets under its own label such as the HMD Skyline and the modular HMD Fusion.
As of now, the company’s US website lists no phones for sale under either brand, though some stock can still be found through third-party retailers.
HMD says it remains committed to “long-term growth,” signaling that its future efforts will focus on markets and segments where it sees stronger potential.