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Samsung to buy Nokia?

by Nicole
June 8, 2011 at 5:49 pm

It may sound hard to believe but rumors say that Samsung might buy Nokia.

This ad would have been hilarious a few years ago, but if we think about Nokia’s current situation, it is plausible. Samsung is a conglomerate with a financial worth that is difficult to estimate, and the Finnish mobile phone manufacturers have declined on the market lately.

None of the two companies commented on this rumor. This could mean that negotiations are still going.

Nokia found that it lacks competing models for the iPhone and smart phones with the Android operating system. With a focus too much on the hardware side, the Finnish manufacturer began losing in favor of Apple, Samsung and HTC. After changes at the head of the company and the sacking of 7,000 employees, Nokia announced its partnership with Microsoft.

The Smartphones will switch from Symbian to Windows 7 Phone in an attempt to regain the confidence of their customers.

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