The mobile giant
Nokia corporation planning to sell their handset section to Microsoft. Due
financial crisis and many other problems they already closed their headquarters
in Finland. Nokia corporation is struggling in present smart-phone market, due
to lack of innovation in their smart-phones.
The struggling Finnish Mobile phone manufacturer
announced to sell the
48,000-square-foot building in Espoo, Finland, to Exilion Capital Oy for
$220.4 million. It will lease the facility back from the new owner, Dow Jones
noted. After the
great internal crashes the Nokia Corporation is planning for this sales. Fords
Magazine provides a hint about this movement by Nokia Corporation. The mobile
handset section of Nokia Corporation will purchase Microsoft or Huawei in this
year.
Nokia crashed Due
to the Android explosion in all over the world. Now Nokia concentrates to
develop their software section with reducing their handset involvement. Though once the world’s largest
handset maker, Nokia has been battered in recent years by soaring sales of Apple‘s iPhones and Smartphones
running Google‘s Android operating system. That competition has
caused its market share to crumble.
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