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I'm confused as to why Samsung would want Nokia. Right now Samsung is making better phones than Nokia. Samsung has a whole supply chain, kickarse manufacturing
by hugh3 15y ago
I'm confused as to why Samsung would want Nokia. Right now Samsung is making better phones than Nokia. Samsung has a whole supply chain, kickarse manufacturing abilities, and a corporate culture that would be difficult to integrate with Nokia's. What does Nokia have that Samsung would want, and that Samsung can't acquire for less than $28 billion?
Now, Microsoft buying Nokia I could understand, since it would give Microsoft a much-needed boost in the mobile phone wars. Not necessarily $28 billion's worth, though, that's more than half Microsoft's dragon-guarded treasure pile.
- ansy 15y agohttp://www.idc.com/about/viewpressrelease.jsp?containerId=prUS22689111 http://www.idc.com/about/viewpressrelease.jsp?containerId=pr... Nokia shipped 100 million 'smart' phones in 2010. Samsung shipped 23 million. That's a big difference. If Samsung bought Nokia it would own over a third of the global smart phone market. Notice also that even though Nokia isn't growing as quickly as its competitors, it is still growing. And, looking at the entire mobile phone market. Nokia sold 453 million phones while Samsung sold 280 million phones. Combined that would be over half the entire mobile phone market. http://www.idc.com/about/viewpressrelease.jsp?containerId=prUS22679411 http://www.idc.com/about/viewpressrelease.jsp?containerId=pr... But you are right in one respect. Samsung has been extremely cautious about mergers after several failed mergers in the 1990's. So it would really need to have a good reason go down that path again.
- shareme 15y agoand NOkia stated that business will decline by 35% in 2011 alone