2013-01-03

For the last several years Nokia has been fighting tooth and nail with Apple, Samsung, Motorola and other mobile handset manufacturers. Yet despite its best efforts, including a partnership with Windows Phone 8, the once reigning king of cell phones has managed only modest success with mounting losses.  Now with the Lumia 920 finally proving that Nokia can still create great products, it appears as though the company might sell its mobile handset division. According to Keepskor founder and Forbes contributor Tristan Louis: “The biggest shocker (and what I suspect will be my most controversial prediction), though, will be the the [sic] departure of Nokia from the phone business as the company sells its mobile operation and infrastructure divisions to Huawei in order to focus on software and services. With the company’s bet on Windows [Phone] 8 having failed in the marketplace, it will see Microsoft (MSFT) and Huawei competing for the mobile device division and will eventually sell its smartphone group to Microsoft and the rest of its telecom interests to Huawei.”   Rumors began circulating in 2012 that Microsoft would attempt to build its own smartphone line. Those rumors started almost immediately after Microsoft turned into an OEM with the build of its Surface tablet devices. By purchasing Nokia [...]

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