HMD Global, a Finnish company licensed to sell the Nokia smartphone brand, aims to double its revenue in Thailand this year despite economic challenges, driven by the tablet segment as well as new IT product categories.
“Our goal this year is to drive growth by 100%, but to achieve this we need to find the value proposition of products with quality and affordable prices,” Paradorn Ramaboot, HMD business development manager, said in a virtual conference.
Thailand is one of the company’s most important Asian markets, Mr Paradorn said. The company’s target growth is quite a challenge due to the current sluggish economy, he noted.
In 2021 the company’s revenue in Thailand rose 50% year-on-year, Mr Paradorn said.
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