Nokia Rallies On Takeover Talk

Nokia

Nokia shares are trading higher Friday morning in a move that at least one report attributes to dubious rumors that the company could be a takeover target for Samsung. Honestly, the rumor seems ridiculous. Samsung has little reason to buy a struggling handset maker given its own success in dominating the market for Android-based smart ...

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Topics:  android   cell phone   electronics   gadgets   mobile   nokia   samsung electronics   smartphone   stocks   takeover   
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  • Nokia faces testing time
    This could mean that Nokia could be the target of a takeover in fact Microsoft has been named as a potential buyer. The company's sensible decision to buy Siemens stake in their joint venture Nokia Siemens Networks might also cost the outfit too much.
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