Huawei reportedly ‘considering’ Nokia acquisition

“Huawei would consider snapping up Nokia, which could help it boost its smartphone gains in Europe and the U.S., a company executive said on Tuesday,” Zack Whittaker reports for ZDNet. “According to the Financial Times of London (paywall), Richard Yu, chairman of Huawei’s consumer business group, said at the launch of its latest smartphone offering, the Ascend P6, in London: ‘We are considering these sorts of acquisitions; maybe the combination has some synergies but depends on the willingness of Nokia.'”

“‘We are open minded,’ Yu told reporters.” Whittaker reports.

Advertisement: Limited time offer – 25% off Parallels Desktop 8 for Mac – Run windows on your Mac – Faster

Whittaker reports, “Nokia would have to be a willing participant in a buyout discussion… Or, should Huawei consider a hostile takeover, it could bypass the need for the Chinese phone maker to deal with the pesky problem of Nokia’s stubborn management. Nokia shareholders are getting twitchy over the company’s Windows Phone strategy — ergo, it’s entire strategy moving forward. If Huawei goes straight to Nokia shareholders, they could take the offer and run while the Finnish phone maker is still afloat.”

Read more in the full article here.

MacDailyNews Take: The aftershocks of Apple’s revolutionary iPhone continue to reverberate with intensity.

While it’s still afloat. Heh.

[Thanks to MacDailyNews Reader “macnut222” for the heads up.]

13 Comments

  1. Are the Finns finished with Nokia?
    It seems like Hauwei would like to finish the Finns and then celebrate with a cup of Fin soup!!!

    Ps Fin soup is awefully thin!

    1. After crafting a post that resembles a work of art, of poetry in motion and conveying a deep understanding of the subject matter so that the reader’s eyes are illuminated by the wonder of my mental dexterity, I like to stand back and admire the symmetry of my words juxtaposed by the rhythm of my internal voice. The clear cut prose that goes straight to the nub of the subject as the crow flies, the unwavering resolve to withstand the withering heat
      radiating from obstinate and incensed bloggers who express dumbfoundedness at how full of myself I am! I say to you all that you are indeed right! I AM full of myself because only I can fill myself up with myself! 🙂 Mmwaa ha! ha! ha! haaaa!!!!

      1. You’re a regular James Joyce, you are. It’s a blooming miracle that your light fell on deaf ears, your shouts reverberated from insensate eyes, your touch went unnoticed in a disembodied Internet. Bloody human is what you are, living and dying by the uttered word and gasping for affirmation from your fellows, though it be from the gallows of indifference.

  2. Ain’t that the truth, MDN. Nokia: from the king of the mobile hill in 2006 to rumors of an acquisition by the friggin Chinese in 2013. I don’t think you could find a greater subject for a case study reflecting how the iPhone changed the world.

  3. Anyone recall the opening of the StarTrek 2009 movie when the young James T. Kirk takes a call during the chase scene? In 2013, when you see the cheesy Nokia product placement you just gotta laugh and think “how quaint” !

    1. Don’t know why but pretty much the only thing I remember from that movie is when Kirk meets McCoy, who offers him a whiskey flask. Characters bonding in a meaningful way = pivot point of story.

  4. How exactly would buying Nokia increase Huawei’s smartphone sales in Europe and the U.S.? Wouldn’t Nokia need to HAVE smartphone sales first? Or a smartphone?

Reader Feedback

This site uses Akismet to reduce spam. Learn how your comment data is processed.