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Author:

LongTerm CapGains

Subject:

Off Topic

Date:

02/28/18 at 6:34 AM CST

 

 

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Reply to:

MSG`#4636,`02/27/18
By Jam ok

 

Re: OT - NOK

Nokia Phones (HMD Glocbal) appear to be doing OK.  Looks like HMD will be paying a decent amount of royalties per year to Nokia in the not too distant future.  Apparently it sold some 70 million phones, includes feature phones and smart phones.  I do not know what kind of royalties HMD pays Nokia for a feature phone or for a smart phone, but it is encouraging to see that HMD sold that many phones in its first year.

Article below states that China telecoms may spend up to $400B between 2020 and 203o:

seekingalpha.com/ar...-nokia

 

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