Samsung reportedly considers acquiring Nokia's mobile networks business valued up to $10B.

Samsung reportedly shows interest in acquiring Nokia's mobile networks business, as Nokia explores options including divestment or merging. The Finnish company's mobile networks division, valued up to $10 billion, has been struggling to compete with rivals like Huawei. Samsung aims to expand in radio access networks that connect mobile phones to telecom infrastructure, but talks are in early stages with no guarantee of a deal.

August 29, 2024
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