HTC may be interested in buying Nokia’s manufacturing plant in Chennai, India. In an interview with the Economic Times, HTC chief financial officer Chialin Chang said that he would be looking into the possibility of acquiring Nokia’s Chennai plant.
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Nokia Corporation Posts
According to a leaked letter, Microsoft Corporation (NASDAQ:MSFT) may rename Nokia to Microsoft Mobile after the acquisition closes on Friday. This decision is not official and Nokia could be called something entirely different.
Nokia sent out a warning to Lumia 2520 tablet owners because the chargers may be faulty and may cause electric shock. Around 30,000 chargers have been identified as hazardous to 2520 owners in Europe.
Nokia Corporation has announced a new budget phone to its lineup called the Nokia 225. This is Nokia’s slimmest “Internet phone” and it costs only $54. The Nokia 225 has a 2.8-inch display and comes preloaded with Nokia’s cloud-based Xpress Browser, which optimizes website data and speeds up performance on slower networks. There is a Facebook and Twitter app placed on the home screen and has five pre-loaded games: Block Breaker 3, Asphalt 6, Assassins Creed 3, The Avengers and Real Football 2012.
NAt the Microsoft Build 2014 conference, Nokia announced the Lumia 930 smartphone. The 930 supports the Windows Phone 8.1 operating system. The 930 has a 5-inch display, 20 megapixel camera, wireless charging, 2.2GHz Snapdragon 800 quad-core processor, and optical image stabilization. Nokia will be selling the 930 in Europe this June at a cost of $599. But the phone will not be entering the U.S. though. The 930 has metallic accents and will be available in bright green and orange.
Microsoft announced it was buying Nokia’s Devices & Services division for $7.2 billion in September. The deal was expected to close in Q1 of 2014, but this will probably not happen in this time-frame. Statements from Microsoft and Nokia indicate that the deal should be closing in April. Microsoft said that the deal is delayed because it is awaiting approval from anti-trust organizations in Asia.
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According to BusinessWeek, Microsoft CEO Steve Ballmer got into a huge shouting match with the board of directors in June 2013 before announcing his retirement several months later. The shouting match was due to the acquisition of Nokia. Microsoft’s board of directors said that they did not want to acquire Nokia and start making smartphones.
Former Nokia Stephen Elop was on the short-list of potential CEO candidates at Microsoft before Satya Nadella was chosen. So what is Elop going to do?