Huawei ‘Considering’ Nokia Acquisition


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.

Update: Huawei issues statement saying it “has no plans to acquire Nokia”.

Tuesday, 18 June 2013