Feeds

Huawei muses on Nokia's future

'Open minded' about acquisition

Bridging the IT gap between rising business demands and ageing tools

Growing its smartphone shipments by 94 percent from Q1 2012 to Q1 2013 might not be enough to satisfy Huawei: it's reportedly floated the idea of acquiring Nokia.

According to a report in the Financial Times, the rising Chinese giant would consider buying the veteran Finnish mobile phone vendor, but isn't impressed at its reliance on the Windows Mobile platform.

Any acquisition would represent a change of direction for Huawei: its first decade was spent purely in its home market, and its international growth has been on the back of its own products rather than acquisition.

Speaking to the FT prior to the Ascend P6 launch in London, Huawei's Richard Yu said: “We are considering these sorts of acquisitions; maybe the combination has some synergies but depends on the willingness of Nokia. We are open-minded”.

At the same time, Yu was critical of the “weak” Windows mobile phone platform, adding that its license fee is a significant turn-off from Huawei's point of view.

While Nokia has deployed “do not comment on speculation” in response to the story, its share price rose on the rumours to close at $US3.86, up 4.6 percent in the day.

Having Huawei enter the world of share-shopping would certainly attract the attention of spooks in America and Australia at the very least. Australia blocked Huawei from bidding its kit into the country's National Broadband Network, while the US government believes both it and ZTE pose a security risk.

The UK joined in the security hysteria earlier this month, while the EU is more interested in whether the Chinese vendor is drawing on state subsidies at home to get a competitive edge abroad. ®

The Power of One Brief: Top reasons to choose HP BladeSystem

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Nadella: Apps must run on ALL WINDOWS – PCs, slabs and mobes
Phone egg, meet desktop chicken - your mother
White? Male? You work in tech? Let us guess ... Twitter? We KNEW it!
Grim diversity numbers dumped alongside Facebook earnings
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.