Whispers have been circulating that Samsung might be interested in capitalizing on Nokia’s recent market floundering by proposing an offer that would see the Korean mobile manufacturer buying out their Finnish competitor. Neither party would confirm or deny talks, and Samsung went so far as to issue a statement calling the idea nothing more than a “market rumor.” And the whole story is just that: a rumor of biggest order.
If Samsung were to acquire Nokia we can only speculate at what may result. Would the company nix current plans for Windows Phone 7 and move forward with Android products? Would Microsoft — a name that has also been floated in regards to a Nokia buyout — stand in the way of the deal in hopes to preserve the headway they have gained with the handset maker? Then again, Samsung could always rely on Nokia to continue doing what Nokia does best, peddling feature phones to consumers worldwide.
It will be interesting to see how things play out, but we can’t say we’re totally buying the notion outright. Microsoft, again, is the wild card here. A Samsung-owned Nokia would equate to a huge shakeup in the mobile industry.