The Nokia 150 and Nokia 150 Dual SIM could go on sale in selected markets early next year.
The outfit, which is led by former Nokia refugees who took over the Nokia basic phone business from Microsoft and has struck a licensing deal with Nokia Oyj to bring the brand back from the dead.
The basic phone business makes most of its sales in India, elsewhere in Asia and eastern Europe. The business model will be based on making phones for the poorer countries and burners. This will provide a base for more expensive Nokia smartphones.
The company is staffed by many employees who were let go when Microsoft’s love affair with mobile phones ended up in an expensive divorce. HMD Global is based in Finland, which is Nokia’s old stomping ground.