0
Wireless

Huawei says no plans for handset acquisition

Thursday 5 September 2013 | 12:37 CET | News
Huawei is not interested in buying one of its troubled rivals, such as HTC or BlackBerry. The head of Huawei's consumer business, Richard Yu, said in June that the company was considering possible acquisitions. However, Chen Li Fang, a member of Huawei's board, has now denied those suggestions. "No, we haven't considered [acquisitions]," she told the Financial Times, adding jokingly: "I think Richard Yu should take more rounds of media training." Senior executives from Nokia and Microsoft telephoned Huawei this week to reassure them that they would continue to welcome Windows Phones made by

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: BlackBerry / HTC / Huawei China / Microsoft / Nokia
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Huawei CEO rules out acquisitions

Published 06 Nov 2013 11:19 CET | World
Huawei has ruled out making any acquisitions to take advantage of weak rivals such as BlackBerry or Alcatel-Lucent. Eric Xu, in ...

Huawei to keep making Windows phones

Published 16 Sep 2013 09:26 CET | World
A Huawei Technologies executive said the Chinese company will continue to make smartphones running the Windows Phone operating ...

Huawei voorspelt jaarlijkse omzetgroei van 10 procent

Published 12 Sep 2013 08:14 CET | World
Huawei heeft laten weten dat het de komende vijf jaar 10 procent meer omzet per jaar zal realiseren. In 2012 behaalde het Chinese ...

Fairfax eyes Blackberry deal with Canadian funds - report

Published 10 Sep 2013 10:27 CET | World
BlackBerry's biggest shareholder has approached several large Canadian investment funds about forging a deal to take the ...

Nokia draws down on Microsoft financing

Published 09 Sep 2013 08:58 CET | World
Nokia said it has decided to draw down on the EUR 1.5 billion financing option set forth in the recent deal inked with Microsoft. ...

Nokia to sell mobile phone business to Microsoft

Published 03 Sep 2013 08:24 CET | World
Microsoft has agreed to acquire the mobile phone business of Nokia for EUR 3.79 billion. In addition it will pay EUR 1.65 billion ...

Huawei denies Nokia takeover plans

Published 19 Jun 2013 07:25 CET | World
Huawei has no plans to acquire Nokia, Reuters reports, citing Huawei's vice president for external affairs, Bill Plummer. The ...

Huawei aims to nearly double smartphone sales this year

Published 14 Mar 2013 11:25 CET | World
Huawei aims to generate USD 9 billion of revenues in mobiles and to sell over 60 million smartphones this year, compared to USD ...





Calendar   /   Industry Events

10 Aug Synchronoss Q2
10 Aug ON Semiconductor Q2 2020
10 Aug Pixelworks Q2 2020
10 Aug Sohu Q2 2020
10 Aug Avaya fiscal Q3
10 Aug Ceva Q2
10 Aug Gogo Q2 2020
11 Aug Viavi fiscal Q4
11 Aug NTT fiscal Q1
11 Aug Zoom Telephonics Q2 2020
11 Aug Rakuten Group Q2
11 Aug Lumentum fiscal Q4
11 Aug Radcom Q2 2020
12 Aug Tecnotree H1 2020
12 Aug Freenet Q2 2020
12 Aug Tencent Q2 2020
12 Aug Cisco fiscal Q4
12 Aug China Unicom Q2 2020
13 Aug iQiyi Q2 2020
13 Aug 1&1 Drillisch Q2 2020
13 Aug United Internet H1 2020
13 Aug Teleste Q2 2020
13 Aug RTL Group Q2 2020
13 Aug China Mobile H1 2020
13 Aug Singtel fiscal Q1
13 Aug Teleste Q2 2020
13 Aug Deutsche Telekom Q2 2020
13 Aug Swisscom Q2 2020
13 Aug Telstra FY results
14 Aug TDC Q2 results
::: More Calendar Items