HMD Global, the parent company of Nokia phones, overstretched itself by attempting to launch phones in every price bracket and thus made the difficult decision to withdraw from the flagship race.
The Nokia 9 PureView was launched in 2019 in an attempt to reintroduce the brand to the once-dominant premium camera phone market. Unfortunately, the new PureView was not well received, and rumors of a sequel were constantly followed by new delays. No Nokia flagship has been released since the PureView, and none is expected in the near future.
