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Nokia May Sell Infrastructure Assets to Huawei - Rumour

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Note -- this news article is more than a year old.

Although it is just a prediction, and cites no supporting evidence, Keepskor founder and Forbes contributor¬ Tristan Louis has written that he expects Nokia to abandon the mobile hardware market this year.

The shock prediction is not that Nokia will sell, as that rumour -- oft denied -- has been around for over a year, but that Huawei could be one of the buyers.

He writes that he expects Nokia to sell its mobile operation and infrastructure divisions to Huawei in order to focus on software and services. Such a deal would probably require the break up of Nokia Siemens Networks, unless Siemens is willing to sell its half of the company as well.

The mobile phone division will be sold to Microsoft he writes, reiterating the persistent rumour that Microsoft wants to move into the hardware market in the same way that Google and Apple have.

On the web: Forbes

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Tags: nokia  huawei  microsoft