Nokia Buys a Chunk of Panasonic 54
jones_supa (887896) writes "Nokia's future as a company focused on providing network solutions, rather than mobile phones, looks to be bright. The company made big profits in the second quarter of 2014 after selling its mobile devices unit — the cornerstone of Nokia's rise in the 1990s — to Microsoft. Meanwhile Nokia has been buying up other businesses such as the Chicago-based SAC Wireless. Now Nokia is acquiring part of Panasonic's network business in an effort to boost its presence in Japan. The deal announced Thursday will give the Finnish firm control of roughly one third of Japan's mobile network market."
Re:From Finland (Score:5, Informative)
Nokia is indeed a Japanese company.
I think Nokia will be surprised [wikipedia.org] to hear that since their HQ is in Finland and always has been.
The submitter AND the editor are confusing Nokia with Ericsson, which IS a Finnish company.
And Ericssson will be surprised [wikipedia.org] to hear they are no longer Swedish.