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Nokia Mobile Networks Assets Said to Draw Samsung Interest - Bloomberg (www.bloomberg.com)

submitted 2 months ago by [email protected] to c/[email protected]

7 comments fedilink hide all child comments

Well, if they do I hope they make a competitive modem.

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[–] [email protected] 0 points 2 months ago (3 children)

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.

[–] [email protected] 6 points 2 months ago (1 children)

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.

[–] [email protected] 1 points 2 months ago

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.

[–] [email protected] 1 points 2 months ago

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.

[–] [email protected] 1 points 2 months ago

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.