HMD was established, by Nokia, to produce phones, since Nokia wasn't allow to under the agreement with Microsoft, and is run by ex-Nokia executives. HMD bought

HMD was established, by Nokia, to produce phones, since Nokia wasn't allow to under the agreement with Microsoft, and is run by ex-Nokia executives. HMD bought "back" the Nokia Mobile division from Microsoft. Nokia holds shares in HMD. nokia.com sells the HMD phones. It is a bit more Nokia than just by name.