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Nokia said to be considering sale or merger as profits tank

ejohnston610

Hauwei has been successful in selling budget smartphones and it compliments their Network business.

HMD can bring the Nokia name back into the public conscious (and already has to a small extent. I'm writing this on a Nokia 4.2), they now just need to make a flagship that can compete with offerings from Samsung, Apple, Sony and etc (and maybe increase the marketing budget.) They could do really good of they can ride the late 90s-2000s nostalgia wave that will be coming I to full force in the next coming years.

Nokia should also consider diversifying out side of Networking (it wouldn't be a bad idea for them to invest in Varjo, which is another Finnish company that specializes in premium, Enterprise-Grade VR headsets that cost more than most people's cars, for stuff like engineering and simulators (they have sold the headsets to companies including Volvo and Audi.)

Nokia can diversify and can become successful again, it just depends on whether they decide to do anything.

Nokia can't risk failing because it would mean that the Mobile Networking market would essentially become a Duopoly between Ericcson and Huawei promising that they're totally not spying for Xi Jinping.

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