Does Samsung Want To Buy Nokia?

It looks like everyone wants a piece of Nokia. First the rumors of Microsoft were circulating stating that they wanted to buy over Nokia’s phone division and develop Windows Phone 7 devices and now there are more rumors circulating that Samsung also wants a piece of Nokia.

Considering how badly Nokia has been doing, no thanks in a huge part to them ignoring the rise of the iPhone and Android devices, it wouldn’t be surprising if Samsung decided to take advantage of Nokia’s weakened state to buy them out and stamp out the competition. While Nokia has not been doing well in the smartphone business, their basic feature phones have been doing extremely well in countries who do not have the buying power to purchase smartphones and instead have to rely on these basic feature phones. Samsung too have been facing similar problems trying to sell their smartphones, and while some of their phones have had success, it does not compare to their basic features phone sales.

By buying Nokia out not only would Samsung loss one competitor but also add to Samsung’s lineup, so perhaps the rumor does have some basis. One has to question what would happen to Nokia’s and Microsoft’s Windows Phone 7 deal if the rumors turn out to be true.

Samsung has declined to comment other than saying that these were just “market rumors”.