Just like a number of manufacturers, HMD Global’s product release schedule doesn’t have a clear cut pattern. The Nokia 5 series which launched in early 2017 got two successors the following year – the Nokia 5.1 and Nokia 5.1 Plus. In 2019, the series didn’t get a new model, and then in March of this year, the Nokia 5.3 was announced. A new report says that the Nokia 5.4 may be announced this year too.
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https://www.gizmochina.com/2020/11/28/nokia-5-4-expected-to-launch-soon-design-colors-and-configuration-leaked/