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According to new reports the popular tech. company Huawei is considering the buyout of the smart-phone company ‘Nokia’ which would help boost their gains in the US and Europe smart-phone market. Although no official statement or comment has been made from Nokia in affiliation to the ongoing report, Richard Yu, chairman of Huawei’s consumer business group has:
“We are considering these sorts of acquisitions; maybe the combination has some synergies but depends on the willingness of Nokia.”
“We are open minded,” Yu tells reporters. Stay tuned. iBlab what do you do?.