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Nvidia takes $1B stake in Nokia

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Re: Nvidia takes $1B stake in Nokia

#31

Post by pjmlp »

pavlov wrote: post #21

Nokia today is the combination of the network businesses of Nokia, Siemens, Alcatel and Lucent. They have substantial operations in North America. T-Mobile uses primarily their hardware. Nokia still operates Bell Labs which came originally from AT&T via Lucent. As the other global options for network hardware are Ericsson, Samsung and Huawei, Nokia is the closest to a “Made in USA” solution. Its HQ is in Finland but…

Unless they bought back Siemens into NSN, I think not.

I was part of the Nokia => NSN transition, and saw that S change back from Siemens into Solutions, with the money they got back from selling Nokia Mobile to Microsoft.

Re: Nvidia takes $1B stake in Nokia

#32

Post by pjmlp »

chollida1 wrote: post #28
bgwalter wrote: post #9

Microsoft (Elop and Ballmer) ruined Nokia's cell phone line that led to massive layoffs. Let's see if this investment leads to the final elimination of an EU tech company. Why does Finland permit this?

Microsoft did no such thing. Nokia is very directly responsible for its own cell phone failings. This line of thought really needs to die. The Nokia board hired Elop from Microsoft because they wanted to bet the company on the Microsoft phone, full stop. If you want to assign blame, then its on Nokia for wanting to pursue that strategy.

As someone that was an employee at the time, I am also fed up with the anti-Microsoft narrative.

Also there are some errors there, Windows Phone only became an alternative after the burning platform memo, that wasn't at all well received neither internally, nor by the 3rd party devs that had just started to migrate their Symbian tooling yet again, this time to Qt + PIPS + Carbide.

The biggest blame with the board, as revealed on the Finish press, was the bonus clause on Elop contract to sell Nokia Mobile business.

Re: Nvidia takes $1B stake in Nokia

#33

Post by rhetocj23 »

bgwalter wrote: post #9

Microsoft (Elop and Ballmer) ruined Nokia's cell phone line that led to massive layoffs. Let's see if this investment leads to the final elimination of an EU tech company. Why does Finland permit this?

MSFT accelerated the invetiable.

There was just no way Nokia could match Apple on the OS who spent years prior to the idea of a smartphone making it a good match for the hardware of the time. And MSFT deservedly got punished for not investing in creating a better OS and Apple deservedly rewarded for doing so.

Re: Nvidia takes $1B stake in Nokia

#34

Post by pjmlp »

phatfish wrote: post #16
bgwalter wrote: post #9

Microsoft (Elop and Ballmer) ruined Nokia's cell phone line that led to massive layoffs. Let's see if this investment leads to the final elimination of an EU tech company. Why does Finland permit this?

Nokia never executed on a touch screen OS. If i remember their final attempt with a Linux based OS was considered "good", but it was too little, too late. It was already over when they were scooped up by Microsoft, who were desperate themselves. Pretty sure Nokia was glad to offload the handset business so they could feed money into markets they were still competitive in.

Yes they did, a few Symbian models used touch, as did original Maemo device that only did wlan initially.

https://en.wikipedia.org/wiki/Nokia_7710

https://en.wikipedia.org/wiki/Nokia_770_Internet_Tablet

Re: Nvidia takes $1B stake in Nokia

#35

Post by KK7NIL »

netdevphoenix wrote: post #30
amoshi wrote: post #25

Earlier quoted context omitted.

>I think the US Gov probably "incentizied" Nvidias stake in Intel, and I wonder if they did here as well. They definitely did, Intel existing is probably an issue of national security at this point, if Intel fell then there'd be the risk of some other nation's company being part of the duopoly.

> They definitely did, Intel existing is probably an issue of national security at this point, if Intel fell then there'd be the risk of some other nation's company being part of the duopoly. Mind elaborating? Who are the players in the duopoly?

Presumably referring to the logic foundry business where TSMC is the monopoly power and Intel, Samsung and SMIC are looking to turn it into a duopoly.

Re: Nvidia takes $1B stake in Nokia

#36

Post by rzerowan »

dustbunny wrote: post #8

I think the US Gov probably "incentizied" Nvidias stake in Intel, and I wonder if they did here as well. It's like "if your going to sell chips to China, you have to spend some of the money funding non-Chinese tech". Nokia's capabilities to deliver 5G networks is a direct competitor to Huawei, right? Is Nvidia functionally an strategic hedge fund of the US Government? Would this fall under Jeffrey Sach's realm?

Not a direct competitor, they are at a No3 slot behind Ericsson with a small global footprintmainly concentrated in NorthAmerica and some EU markets. However most of the 5G/5G+ patents are Huawei owned and FRAND so in any case the entiti in the drivers seat is H , thas why even the whole OpenRAN project didnt get far. Most likely like you surmiseits a geo-political hedge play.

Re: Nvidia takes $1B stake in Nokia

#37

Post by hypeatei »

echelon wrote: post #29
wnevets wrote: post #4

Add to the list of AI cash merry go round [1] [1] https://www.youtube.com/watch?v=h3JfOxx6Hh4

This isn't the gotcha everyone in the media thinks it is. Nvidia is using its revenues to quickly invest in bets that are simultaneously customers. If anything, it's a triple win. - taking advantage of cash it needs to deploy - making new investments in areas NVidia wants to shape - making new customers that continue to buy Nvidia GPUs, especially if they're successful Some of these ventures may fail, but it's better…

Cooking your books and calling it a "triple win" is certainly interesting. Nokia just diluted their shares in hopes that AI hype keeps the price pumped up. They do keep the $1B so I guess we'll see what they do with it (other than buying NVDA GPUs, of course)

Re: Nvidia takes $1B stake in Nokia

#38

Post by ptx »

pjmlp wrote: post #34
phatfish wrote: post #16

Earlier quoted context omitted.

Nokia never executed on a touch screen OS. If i remember their final attempt with a Linux based OS was considered "good", but it was too little, too late. It was already over when they were scooped up by Microsoft, who were desperate themselves. Pretty sure Nokia was glad to offload the handset business so they could feed money into markets they were still competitive in.

Yes they did, a few Symbian models used touch, as did original Maemo device that only did wlan initially. https://en.wikipedia.org/wiki/Nokia_7710 https://en.wikipedia.org/wiki/Nokia_770_Internet_Tablet

All the Symbian devices used resistive touch screens, though, didn't they? E.g. the Sony Ericsson Vivaz. So the user experience was not quite the same as with capacitive touch.
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