the mobile phone industry startup company HMD Global is targeting to sell this year 40 million Nokia smartphones, and next year, as many as 100 million smartphones, said the company close to the following entities in the Prc.

the Forecast would be in line with the fact that the HMD Global's president & ceo Arto Nummela said Technology in the fall as a goal to rise in the coming years of the five largest smartphone manufacturer among them.

HMD global out of moscow could not be reached Wednesday for comment.

HMD Global licensed the Nokia brand, and hardware manufacturer taiwanese contract manufacturer Foxconn.

the HMD, therefore, designs, distributes and sells Nokia-branded phone.

Such sales figures would mean that Nokia phone sales were billion business, while the affordable Nokia 3 -model cost around 110 euros before local taxes and the share of trade, would mean a sales target already 4 to 11 billion turnover, if the total sales log HMD.

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