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Wednesday, June 19, 2013

Can afford it Huawei buy Nokia?

dinero cerdito

An estimate calculated from the number of shares on the market puts the capitalization of Nokia around 14,400 million dollars.

A few statements from the CEO of Huawei revolutionized the ICT industry late in the day yesterday. The "open mind" of the Chinese company to carry out a possible acquisition of the giant Nokia caused all kinds of reactions.

The first, and the most immediate was that of the own Huawei, whose head of Foreign Affairs corrected statements of the head of consumption, denying any plan to acquire the Finnish company.

Nokia remains silent, fueling rumors about the existence of negotiations.

One estimate puts its capitalization around 14,400 million dollars. should Huawei can be allowed a similar weight movement?

Huawei joined in 2012 a total of $ 35.353 million and reported $ 3.204 billion operating profit. The availability of cash and short-term investments amounted to 11.503 billion dollars, according to data from 2012.

The purchase of the Nokia mobile phone division would be more feasible than the absorption of all the historical.

What seems clear is that the movement would open the European and American market to Huawei. After the publication of the report of the U.S. Senate on suspicious activities related to espionage, the ambitious Chinese giant seek way of earning industry.

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