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Huawei says in an e-mailed statement it "has no plans" to acquire Nokia (NOK +4.6%). Shares have...

Huawei says in an e-mailed statement it "has no plans" to acquire Nokia (NOK +4.6%). Shares have given back a big chunk of their earlier gains, but they still closed up sharply. Huawei consumer group chairman Richard Yu qualified his remarks about his company being willing to buy Nokia by suggesting Nokia's commitment to Windows Phone could be an issue. "Whether Windows Phone will be successful is difficult to say ... It has a very small market share." Huawei launched the W1, a low-end WP8 device, earlier this year.
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Comments (27)
  • Andreas Hopf
    , contributor
    Comments (11985) | Send Message
     
    Cool. Now that was one nice pump-and-dump all happening conveniently within one business day.
    18 Jun 2013, 04:08 PM Reply Like
  • Leont68
    , contributor
    Comments (1386) | Send Message
     
    like I stated before, it is a buy the rumor event. Now watch the stock tank tomorrow
    18 Jun 2013, 04:13 PM Reply Like
  • Andreas Hopf
    , contributor
    Comments (11985) | Send Message
     
    Already did - tank you very much ;) NOK is becoming a soap-opera stock. Entertaining, really.
    18 Jun 2013, 04:17 PM Reply Like
  • Leont68
    , contributor
    Comments (1386) | Send Message
     
    I like stocks that act like this. Lots of potential to make money if you stay level headed
    18 Jun 2013, 04:20 PM Reply Like
  • Abu Bakr Hussain
    , contributor
    Comments (601) | Send Message
     
    Sadly all after-hours for us Europeans.
    18 Jun 2013, 04:26 PM Reply Like
  • Timothy Bryan
    , contributor
    Comments (943) | Send Message
     
    says the man who just missed out on another 25 thousand... :-)
    18 Jun 2013, 07:01 PM Reply Like
  • Joeriii
    , contributor
    Comments (216) | Send Message
     
    am i missing the crash?
    19 Jun 2013, 09:56 AM Reply Like
  • Origa
    , contributor
    Comments (589) | Send Message
     
    This is interesting.

     

    EU could´nt care less if Nokia was sold to the Chinese. Microsoft could be forced to buy Nokia, if Nokia´s board should decide to sell.

     

    Beside that, what Chinese Company did place itself inside Finland?

     

    Either Way, when NSN is sold, Nokia is a MA target because it is cheaper to buy.
    18 Jun 2013, 04:10 PM Reply Like
  • richto
    , contributor
    Comments (222) | Send Message
     
    " A very small market share"

     

    But growing rapidly....
    18 Jun 2013, 04:18 PM Reply Like
  • DeepValueLover
    , contributor
    Comments (10005) | Send Message
     
    Nokia will be bought out for ~$3.75 per share.
    18 Jun 2013, 04:29 PM Reply Like
  • Leont68
    , contributor
    Comments (1386) | Send Message
     
    DVL no more Nokia is going bk talk?
    18 Jun 2013, 04:34 PM Reply Like
  • Whitehawk
    , contributor
    Comments (3129) | Send Message
     
    Can't see the finns letting NOK slip away - it will remain a ward in perpetuity. The rumors are ridiculous: "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.""
    18 Jun 2013, 04:32 PM Reply Like
  • Teutonic Knight
    , contributor
    Comments (2916) | Send Message
     
    They make their own smart phones fine and dandy; so why would they want to wade into 'trouble', asking for trouble? Smart move.

     

    They diligently go after hard and edible assets like pork, milk, cheese, auto, land, mines, forest, oil, gas, real estate, retail, infrastructures, and even financial services, not this fluffy volatile high-tech.
    18 Jun 2013, 04:46 PM Reply Like
  • wilcodata
    , contributor
    Comments (14) | Send Message
     
    Remember you have to have the gold to buy those Food Stuff making assets and essential hard assets. Money in "fluff" volitile tech, as you call it, is where they get the quick bucks and thus our Gold. Beware of the new Chi-ComTrojan industrial army or you better bone up on your mandarine and learn to speak it fluently.
    19 Jun 2013, 03:05 PM Reply Like
  • wilcodata
    , contributor
    Comments (14) | Send Message
     
    Huawei is hitched to the Android OS, Big time the latter owned by Google, you know, MSFT's big competitor..
    But, Watchout! Microsoft Window 8 OS is a big threat and will overtake Android quickly. IMO, the coming Win 8.1 is extremely even more versatile and more well thought out than Android... The comprehensive Window update 8.1 later in month, will resolve any navigation problems and wll make it even more user-friendly Any current dislikes of former Win 7 users will fade. A host of new Apps are coming, too.

     

    Richard Yu, IMO, is playing a crafty game of trying to shake confidence in Nokia's potential for surpassing his company. Nokia is a Huge challenge to Huawei's big investment in Android. Beware of the deviousness of China's Corporate leaders. They are great strategists and confidence men (women, too) and are out to conquer any potential threats from the West and be Numero Uno uber allis!

     

    Wu fears the pending Nokia devastation to Android and Huawei. IMO, he is deliberately dropping phony 'slips of the tongue' depth charges in hopes of creating a foolish belief of Nokia demise. Sinking Nokia's ship, its threat and its competition, is his mantra!

     

    Fool you once shame on you, Fool you twice is assured if you believe Yuis bearing you any gifts.. LOL.
    18 Jun 2013, 04:59 PM Reply Like
  • Teutonic Knight
    , contributor
    Comments (2916) | Send Message
     
    Emperor Xi is now coming on strong; striving for that promotion to Emperor Xi the Great.

     

    Hee-hee-hee!
    19 Jun 2013, 01:00 AM Reply Like
  • Andreas Hopf
    , contributor
    Comments (11985) | Send Message
     
    "Richard Yu, IMO, is playing a crafty game of trying to shake confidence in Nokia's potential for surpassing his company."

     

    That's what I sniffed yesterday. Richard Yu is like a telco Sun Tzu. Deploying a stratagem to weaken confidence by way of flattery. An old hat, but seems to work briefly.
    19 Jun 2013, 01:07 AM Reply Like
  • Leont68
    , contributor
    Comments (1386) | Send Message
     
    Richard Yu just got called on his bluff and managed to piss of every single windows phone user at the same time. He basically wanted to buy nokia and get rid of windows phone because it cost money and wasn't "free"

     

    Guess what, Microsoft has a long long memory.
    19 Jun 2013, 03:18 PM Reply Like
  • ewmpsi
    , contributor
    Comments (1732) | Send Message
     
    Huawei,

     

    Very well-played game of chess, by outing a supposed interest in NOK, they drew the vultures (analysts and pundits) in to look at the bones to see if there was any meat left on Nokia’s carcass. What the vultures found out was that Microsoft had already been in advanced “sniffing” talks with Nokia (of course Richard Yu had already sniffed this out). Now if the price gets away from MS, and rubs a public sore spot; it may help slow down WP8/Nokia synergies as they war over price, terms and other potential suitors (all now in the public eye). If other suitors approach, they too may also want WP extricated from the devices before considering a purchase, clouding the issues.

     

    I don’t think it’s going to slow down anything, but these are interesting developments. Nokia and MSFT are joined at the hip for the foreseeable future and if they’re smart, they’ll stay quiet until there is something concrete. MSFT can afford to pay “up” and Nokia’s +70% share of the WP market gives it bargaining power. Nokia gets half of its steering-wheel back and MSFT must aggressively support and protect their half of the passenger seat, Nokia is MSFTs best attempt at Mobile.

     

    “Always in motion is the future.
    -- Yoda"
    19 Jun 2013, 05:27 PM Reply Like
  • KIA Investment Research
    , contributor
    Comments (11613) | Send Message
     
    good observations ewmpsi,

     

    however I would guess that Huawei secretly likes WP8 on the Nokia devices and sees this as a market hedge against over reliance on Android.

     

    PS. Wouldn't Yoda have said: "Always in motion the future is" ?
    19 Jun 2013, 05:55 PM Reply Like
  • ewmpsi
    , contributor
    Comments (1732) | Send Message
     
    Good point MK,

     

    As for Yoda, I'll try and find the correct quote ;-)
    19 Jun 2013, 06:08 PM Reply Like
  • Randal James
    , contributor
    Comments (3981) | Send Message
     
    News all over for these two - even spreading to the Canadian's BBRY

     

    CNET: http://cnet.co/16G35b9

     

    Huawei (new super-skinny phone): http://yhoo.it/16G33Af

     

    Leaked NOK phone with Snapdragon Q4 processor (maybe): http://bit.ly/16G36vG

     

    If you loved the stock, this was fascinating; if you were a doubter, just confusing. I find it implausible to think that NOK - partly owned by the Finn government - would sell the phone biz to a Chinese company even though, let's face it, that is where the phones mostly come from these days. Apple does not maintain a ranch near Cupertino where college kids build their phones between sets of tennis and surfing sessions.

     

    The day's blizzard of odd angles was complicated by rumors that Siemens, part owner of Nokia's network construction arm, would 'consider' selling out. That was later recanted, but not by much.

     

    The remaining leg of Nokia's stool is a surprisingly large mapping division used by many auto companies. Google maps is the big dog in the field, but NOK's is respectable. Mapping is a hideously expensive proposition, so there will not be many new entrants unless they have knee-deep pockets.

     

    The critical question - other than the political discussion within Finland over what to do - is how would NOK, the company, be better off? Some optimistic analysts, believing in Microsoft's stubborn will to succeed, believe that Windows phones will pull even with sales of iPhones within 4-5 years. Nokia will be the likely engine of that growth with at least an 80% share and perhaps 100% as other makers decide to bow out.

     

    Given that the company is not in a fevered comeback in either the network or mapping divisions, the logical attention turns to how to assure a stronger position in phones. Oddly, the weakest link here is the current MSFT OS. The partnership itself is great, allowing NOK to use the generous subsidy from MS to develop world-class phones and pay for most of the marketing expense.

     

    MSFT, rest assured, knows it has shortcomings. They will fix the most glaring errors quickly; the merely annoying will take longer.

     

    But the rather audacious gamble Nokia has placed on phones makes me wonder. Would they push the envelope even further and sell one of the other businesses just to acquire a smaller, but viable competitor? Would Sony admit it is probably not a phone company and sell their division? Would Lenovo? Those are the big names and there are perhaps dozens of smaller Asian manufacturers, hoping for a shot at the big leagues, even if that means just in their home market, the biggest ballfield around.

     

    When I lived in Wyoming, the local oft-repeated joke was that if you didn't like the weather you could just wait 5 minutes. Nokia isn't quite that chimerical, but it does change every time you try to guess what's next.
    18 Jun 2013, 05:08 PM Reply Like
  • DWD Investing
    , contributor
    Comments (10796) | Send Message
     
    LOL. Man, I really want to get in and out of Nok. This is really funny, but I'm really just not wanting to do that.

     

    Huawei is scared to death.

     

    And thanks Huawei for pumping my stock. LOL
    18 Jun 2013, 07:49 PM Reply Like
  • Stockhunt
    , contributor
    Comments (41) | Send Message
     
    Elop murdered Nok.
    19 Jun 2013, 12:15 PM Reply Like
  • Andreas Hopf
    , contributor
    Comments (11985) | Send Message
     
    Video killed the radio star.
    19 Jun 2013, 06:43 PM Reply Like
  • Leont68
    , contributor
    Comments (1386) | Send Message
     
    don't forget with GDR2 which is coming in july Nokia is activating hidden radio function of all lumias except the 620.
    19 Jun 2013, 06:46 PM Reply Like
  • Andreas Hopf
    , contributor
    Comments (11985) | Send Message
     
    Radioactivity. Good.
    19 Jun 2013, 07:14 PM Reply Like
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