Huawei reportedly 'open' to acquiring Nokia
Huawei would consider snapping up Nokia, which could help it boost its smartphone gains in Europe and the U.S., a company executive said on Tuesday.
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.
Nokia would have to be a willing participant in a buyout discussion, … Read more