Z Wiki - HMD is headquartered in Espoo, Finland, and is largely run by former Nokia executives.[10] The first CEO was Arto Nummela, a Nokia veteran of 17 years, until July 2017, when company president Florian Seiche took over as CEO.[11] Manufacturing is outsourced to Foxconn.[12][13][14] Nokia has no investment in HMD, but remains a partner, setting mandatory requirements and providing patents and technologies, in return for royalty payments.