Huawei reportedly considering Nokia acquisition
According to a new report out of the Financial Times, Huawei is considering buying Finnish smartphone manufacturer Nokia. Richard Yu, Huawei’s consumer business group chairman explained at the company’s Ascend P6 launch event that Huawei is looking into the acquisition, but how far negotiations go would depend on the willingness of Nokia. “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 stated.
Huawei is not a household name here in the United States when it comes to smartphones, most likely due to the company’s shaky relationship with the U.S. government, but Yu says the company is certainly looking to take on the likes of Samsung and Apple, and having Nokia behind it would definitely be helpful.
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