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abill_uk is offline abill_uk
2011-06-09 , 00:19
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#31
After reading this it could well be a possibility .... http://www.bbc.co.uk/news/business-13682580

Nokia is now one step above junk status.
 
geneven is offline geneven
2011-06-09 , 00:20
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#32
There have been many cases of companies buying companies much larger than them.

In this case, Nokia obviously has lots of resources and no clue how to use them to make a profit. This is a tempting target for any company that thinks it could use them more wisely. That's why there are takeover rumors.
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volt is offline volt
2011-06-09 , 00:21
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#33
Originally Posted by geneven View Post
There have been many cases of companies buying companies much larger than them.
Samsung is bigger than Nokia.
 
abill_uk is offline abill_uk
2011-06-09 , 00:26
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#34
Originally Posted by volt View Post
Samsung is bigger than Nokia.
Then read this .... http://4webz.com/samsung-expects-str...t-but-for-now/

could be interesting.
 
geneven is offline geneven
2011-06-09 , 00:26
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#35
Originally Posted by volt View Post
Samsung is bigger than Nokia.
It was basically stated that Samsung didn't have enough to buy Nokia. When I pointed out that many companies have bought companies bigger than them, I was saying that you don't need lots of resources to buy a company. I was not implying anything about the size of Samsung itself.

But thanks for pointing that out.
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volt is offline volt
2011-06-09 , 00:29
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#36
@geneven: ...No problem

@abill_uk: Samsung do more than cell phones.



These are markets where Samsung Electronics are #1 or #2. That was in 2008. And Samsung Electronics is just one of many Samsung divisions.

Samsung has had a phenomenal growth since 2008, if I am not mistaken.

Ah, yes:

Originally Posted by Wikipedia
In a way that General Motors can only have dreamed of, what has been good for Samsung has been good for South Korea. The group’s products account for about 20% of the country’s GDP, making it huge even by the standards of an economy top-heavy with big firms.
Ilustration from Wikipedia: South Koreas GDP from 1911 up to 2008. That's not Samsung directly, but it gives the general trend. I couldn't google up something newer, sorry.
Last edited by volt; 2011-06-09 at 00:46.
 

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nesrazz is offline nesrazz
2011-06-12 , 14:49
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#37
.
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.

http://www.techeye.net/mobile/samsun...d-in-nokia-buy
 
nesrazz is offline nesrazz
2011-06-12 , 15:09
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#39
Nokia deserves to be sold.
 
amjadk is offline amjadk
2011-06-12 , 15:12
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#40
4 days old.....meh
 
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