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Huawei says “No plan to buy Nokia”. End of one more Nokia-takeover rumor!!

imagesCAWQM6C1We missed on reporting this, but seems some Huawei executive has mentioned in a “FT interview” that if Nokia is willing they can go for an acquisition of Nokia. This led shares of Nokia surge by 7% :P. Now this report already seemed far-fetched as Huawei is in no position to even think of it when many big companies will love to do that, if Nokia is willing and first will be MS. But, Nokia is already making a strong comeback so this was simply a wishful thinking.

Now, as expected Huawei has denied this as per report from Reuters. End of one more crazy take-over rumor. Huh!!

Chinese network equipment and cellphone maker Huawei Technologies Co said it “has no plans to acquire Nokia”, responding to a Financial Times report that it would consider buying the Finish phone maker.

The denial came from Huawei’s vice president for external affairs, Bill Plummer.

Source

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Nayan
Nayan has more than 10 years of experience of covering Technology and innovations. He is a big Nokia fan and Tech disruptions aficionado. He loves to review new cool gadgets and writing about Android, iOS, Gadgets and general Technology stuff. He has been associated with other well-known Tech sites WinCentral and GadgetOx since long. He currently sports a Lumia 950 XL and Nexus 5X. Other interests include listening to Nu-Metal Hits and Kick-Boxing. Write to him at Email: [email protected]
http://www.nokiapoweruser.com
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