HMD will work with local contract manufacturers, chipset designer Qualcomm, and internet giant Google to bring low-cost 4G and affordable 5G smartphones in the coming future, Florian Seiche, CEO at HMD Global, told ET exclusively. Google and Qualcomm had announced a similar partnership with Indian telecom operator Reliance Jio last month.
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“For smartphones, we are at the moment in deep discussions with local manufacturing partners, with the government, but also even with local possible component partners. So, we are very excited to see those possibilities become real in the next couple of months. And once we have that established then obviously, as a future step, we could also envision India to be an export hub for us,” Seiche said.