Huawei strongly objected, and the domestic manufacturer announced the failure of the 2.1 billion acquisition plan
When Huawei's ** market fell into a downturn, several products similar to Huawei's products suddenly appeared, which not only looked exactly the same, but also sold through Huawei's channels. In fact, this is the result of Huawei's authorization of third parties, such as TD Tech, which has become the provider of Huawei's Smart Mobile** solution jointly owned by Huawei and Nokia.
But at this moment, a company suddenly announced that it would establish a joint venture with Huawei to establish TD Tech Communications and buy Nokia's **. Now that the merger and acquisition has become a foregone conclusion, under the strong resistance of Huawei, the local company officially announced that the merger and acquisition transaction worth 2.1 billion yuan has collapsed.
Oriental Building Materials 2.1 billion mergers and acquisitions.
An important industry of Huawei, because of the limitations of this industry, Huawei did not get 5G signals when it was in 5G, and the Kirin chips developed by itself were not mass-produced, so its market share has been declining. Huawei did not stop there, but looked for other opportunities to break through, and Zhixuan was one of them.
This intelligent choice is actually a cooperation with a third party, first handing over some of Huawei's products and processes to them, allowing them to match with their own ** chain, manufacturing a new product, and finally selling it through Huawei's channels to achieve a win-win effect.
TD Tech is a provider of Huawei solutions jointly invested by Huawei and Nokia, of which Huawei and Nokia hold 49% and 51% of the shares respectively.
However, on April 9 this year, a domestic businessman named Dongfang Yuan announced that it would be 2121.6 billion **, 51% of TD Tech's equity from Nokia. After Dongfang Building Materials announced the merger and acquisition of 2.1 billion yuan, Huawei firmly disagreed, and issued a statement saying: "We have no intention or intention to jointly operate TD Tech with Dongfang Building Materials".
But if they insist on buying, then Huawei will use its own **, sell all the **, and then cancel all the patents.
On December 19, Dongfang Materials announced the suspension of its acquisition of Nokia.
As a result, the $2.1 billion M&A deal collapsed, and Huawei's shares in Nokia remained in their original proportions.
Huawei's opinion.
In fact, this agreement has no meaning at all, even if Dongfang Materials can buy the equity of TD Tech Communications from Nokia, but Huawei will definitely not cooperate with them. What the hell is the origin of this thing?What the hell is Huawei thinking?
According to the information, Dongxin Company was founded in 1983 and is mainly engaged in raw materials for the flexible packaging industry.
The merger and acquisition of TD Tech Communications by Dongfang Building Materials is a complete leap, and there is no experience. In other words, Dongfang Materials hopes to use the equity acquired to establish a partnership with Huawei to share the profits of the high-tech industry.
Regardless of whether Dongfang Tong has relevant qualifications or not, as long as it maintains a cooperative relationship with Nokia, it will be of great benefit to Huawei. Huawei handed over the patented technology to TD Tech, and Nokia took a stake in Nokia, and the United States could not easily take TD Tech.
Therefore, from the beginning, Huawei will not join forces with Huawei, but must have the same strategic strength, so that both sides can continue to do so. Huawei would rather sell its stake and walk away than do it.