Reported about 1 month ago
Samsung Electronics is reportedly interested in acquiring some of Nokia's mobile networks assets as Nokia explores options to enhance its struggling telecom equipment sector, which faces competition from bigger players like Huawei. Discussions are still in preliminary stages, with possible scenarios including a full sale or spin-off, but no decisions have been made yet. Nokia's mobile networks division accounts for a significant portion of its revenue, highlighting its strategic importance to the company's future.
Source: YAHOO