Nokia Mobile Networks Assets Said to Draw Samsung Interest - Bloomberg
Nokia Mobile Networks Assets Said to Draw Samsung Interest - Bloomberg
Nokia Oyj’s mobile networks assets are drawing preliminary interest from suitors including Samsung Electronics Co. amid increasing pressure to find new growth in the troubled telecom equipment sector, people with knowledge of the matter said.
Well, if they do I hope they make a competitive modem.
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Jesus no, Samsung is already too big.
Oh please. As if Nokia in it's current state for the past decade+ has offered anything in the way of a useful smartphone to the masses.
Someone was gonna aquire them. That was inevitable.
What are you talking about?
This is a completely separate company. The company you are looking for is HMD global which is a generic foxconn phone company which licensed the Nokia name.
Nokia makes high speed networking hardware like 5G stations and public infrastructure stuff. Completely unrelated which is why Samsung is looking at buying them: because it is a sector where Samsung isn't dominant.
You know what, you're absolutely right and I'm way off.
Idk why that didn't click on my head. Nokia has been dead for ages.
I hear you, but let it go to someone that could actually use something. If nothing else Samsung gets a shitload of patents that they don't need.
Yeah, that would be pretty accurate seeing as they sold their mobile phone business. This sale is about their mobile network technology that would mean Samsung is more of a conglomerate and would have more power to dictate standards in the industry.