A Nokia sale could benefit competitors, big tech companies, and the US government - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

A Nokia sale or merger could offer strategic opportunities for the US government, competing manufacturers, or enterprise tech companies

at a conference in early February about the government potentially buying a private equipment manufacturer to counter Huawei, with specific reference to Nokia: "These concerns [about Huawei] could be met by the United States aligning itself with Nokia and/or Ericsson through American ownership of a controlling stake, either directly or through a consortium of private American and allied companies.

A smaller company in the networking equipment market could look to leapfrog the competition by merging with Nokia. A competitor with a lower market share, like Cisco or ZTE, could step up to acquire or merge with Nokia in order to form a more robust competitor to Huawei, the clear market leader. Equipment makers are, for the most part, losing market shares while Huawei grows its lead — Huawei's market share was 11.8 percentage points higher in 2019 than its nearest rival, up from 11.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The top US staffing firms including Allegis Group and Randstad Holding - Business InsiderStaffing Industry Analysts' 2019 report on the largest US staffing firms by revenue listed Allegis Group, Randstad Holding, Adecco, and Robert Half. So you too can be a contractor slave
Source: BusinessInsider - 🏆 729. / 51 Read more »

Former Google CEO says China could supplant US as world's tech leader - Business InsiderEric Schmidt helped Google conquer the world. Now he's concerned that China is going to overtake American tech, and he wants the US government's help. Finally we can nationalize the tech sector !! Socialism ! They Gov’t needs to step in alright
Source: BusinessInsider - 🏆 729. / 51 Read more »

Alzheimer's rates tripled for younger US adults - Business Insider - Business InsiderThe recent Blue Cross and Blue Shield analysis demonstrates that digital health players should double down on their efforts to combat cognitive decline Worst health insurance ever. 800 a month and you can only see 3 doctors. Total. In the entire state. Have a nice day.
Source: BusinessInsider - 🏆 729. / 51 Read more »

U.S. fourth-quarter GDP unrevised; weakness in business spending persistsThe U.S. economy grew moderately in the fourth quarter, the government confirmed... The economy in almost every country is going to take a hit from this virus Instead of repeating “Coronavirus”, I would point out the markets have been artificially pumped up by the corporate tax cut (2018), and FED rates cut (2019). Now, the party is likely to be over. And the the FED has not much of a safety net left. May I have your attention on China very serious underworld criminals. Former Apple CEO Jobs may be killed by underworld party
Source: Reuters - 🏆 2. / 97 Read more »