Electronics Makers Forge Alliances for IoT Opportunities

Electronics manufacturers are forming alliances, partnerships and joint ventures in the global supply chain to tap sales opportunities for connected devices and better position themselves to service the growing market for the Internet of Things (IoT). The number of these alliances forged by OEMs, contract manufacturers, component suppliers, design firms and distributors has surged in…

What Nokia Should Really be Buying: a Chinese Rival

Nokia Corp. should be buying China’s ZTE Corp. and not Alcatel-Lucent SA, which it this week agreed to buy for $16.6 billion. If approved by regulators and shareholders such a deal would be transformative and open up new growth vistas across the industry, potentially sparking a flurry of East-West and West-East mergers and acquisitions. The…

Nokia Renews Makeover Efforts with $16.6B Alcatel-Lucent Deal

Nokia Corp. is intensifying efforts to transform the company’s operations with an agreement to acquire French-American telecom equipment maker Alcatel-Lucent SA for about $16.6 billion. The deal is in continuation of a reorganization exercise that culminated almost one year ago in the sale of the Finnish company’s mobile handset division to Microsoft Corp. for $7.2…