Disqus
China-based Huawei Technologies Co. is considering the sale of a large portion of its mobile devices division to a foreign investor. Apparently, the idea behind the move is to get additional money and enter the North American market.
According to The Wall Street Journal, the sale is at an early stage of discussions and Huawei plans to invite strategic investors and private-equity companies later this month. The end result could be that a foreign investor end up owning the majority in the business, though, presently that’s not clear. If something like this happens, we may see Huawei emerging at the top of the North American telecommunications equipment market. We’ll certainly watch this closely…
[Via: PhoneScoop]
About The Author
Dusan Belic
Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.
