Category Sponsorship Banner Left

Performance 160x1200

Category Sponsorship Banner Right

Performance 160x1200

Category Sponsorship Banner Middle

Wednesday, 19 June 2013 12:31

Update - Huawei backpedals on Nokia comments Featured

By

Reports that Huawei is thinking about buying Nokia have now been denied. Oops. Perhaps the Huawei man who said it ‘misspoke’.

Yesterday a senior Huawei executive said that the company is considering buying Nokia. Today a different senior Huawei executive said no.

In London yesterday Richard Yu, chairman of Huawei's consumer business group, said at the UK launch of the company’s Ascend P6 smartphone that: “We are considering these sorts of acquisitions. Maybe the combination has some synergies, but that depends on the willingness of Nokia. We are open minded.”

Then, a few hours later, Huawei’s vice president for external affairs, Bill Plummer said the company “has no plans to acquire Nokia”. In the meantime Nokia’s shares rose to $US4.12 on the comments, before dropping back to around $3.80 after the denials.

Is there fire behind the smoke? We have no way of telling, and Nokia is certainly not saying anything.

Company spokesman need to be careful what they say. Yu’s initial comments were quite specific. His comments were made at an open forum and published in London’s prestigious Financial Times newspaper. They come at a time when the Finnish mobile phone company, once the industry leader, is struggling to remain relevant. Of course his comments were going to have any effect.

In March similar thing happened with Lenovo and BlackBerry. Lenovo’s CFO Wong Wai Ming said in an interview with news agency Bloomberg at the World Economic Forum conference in Davos, Switzerland that Lenovo was “looking at all opportunities – BlackBerry and many others. We’ll have no hesitation if the right opportunity comes along that could benefit us and shareholders.”

He was subsequently forced to clarify his remarks, saying he was talking in a general sense. Nothing has subsequently happened, but the frenzy of the 24 hour new cycle is fed by all such comments.


Subscribe to ITWIRE UPDATE Newsletter here

GRAND OPENING OF THE ITWIRE SHOP

The much awaited iTWire Shop is now open to our readers.

Visit the iTWire Shop, a leading destination for stylish accessories, gear & gadgets, lifestyle products and everyday portable office essentials, drones, zoom lenses for smartphones, software and online training.

PLUS Big Brands include: Apple, Lenovo, LG, Samsung, Sennheiser and many more.

Products available for any country.

We hope you enjoy and find value in the much anticipated iTWire Shop.

ENTER THE SHOP NOW!

INTRODUCING ITWIRE TV

iTWire TV offers a unique value to the Tech Sector by providing a range of video interviews, news, views and reviews, and also provides the opportunity for vendors to promote your company and your marketing messages.

We work with you to develop the message and conduct the interview or product review in a safe and collaborative way. Unlike other Tech YouTube channels, we create a story around your message and post that on the homepage of ITWire, linking to your message.

In addition, your interview post message can be displayed in up to 7 different post displays on our the iTWire.com site to drive traffic and readers to your video content and downloads. This can be a significant Lead Generation opportunity for your business.

We also provide 3 videos in one recording/sitting if you require so that you have a series of videos to promote to your customers. Your sales team can add your emails to sales collateral and to the footer of their sales and marketing emails.

See the latest in Tech News, Views, Interviews, Reviews, Product Promos and Events. Plus funny videos from our readers and customers.

SEE WHAT'S ON ITWIRE TV NOW!

BACK TO HOME PAGE
Graeme Philipson

Graeme Philipson sadly passed away in Jan 2021 and a much valued senior associate editor at iTWire. He was one of Australia’s longest serving and most experienced IT journalists. He is the author of the only definitive history of the Australian IT industry, ‘A Vision Splendid: The History of Australian Computing.’He was in the high tech industry for more than 30 years, most of that time as a market researcher, analyst and journalist. He was founding editor of MIS magazine, and is a former editor of Computerworld Australia. He was a research director for Gartner Asia Pacific and research manager for the Yankee Group Australia. He was a long time weekly IT columnist in The Age and The Sydney Morning Herald, and is a recipient of the Kester Award for lifetime achievement in IT journalism. Graeme will be sadly missed by the iTWire Family, Readers, Customers and PR firms.

Share News tips for the iTWire Journalists? Your tip will be anonymous

WEBINARS ONLINE & ON-DEMAND

GUEST ARTICLES

VENDOR NEWS

Guest Opinion

Guest Reviews

Guest Research

Guest Research & Case Studies

Channel News

Comments