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Nvidia takes $1B stake in Nokia

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Re: Nvidia takes $1B stake in Nokia

#51

Post by Geee »

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.

That isn't really true. The N9 was definitely ahead of it's time with a buttonless gesture based UI similar to the modern iPhone.

Re: Nvidia takes $1B stake in Nokia

#52

Post by nsonha »

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.

yes Nokia had years to come up with a better OS and they didn't. Even Samsung failed at this endeavor years later.

Re: Nvidia takes $1B stake in Nokia

#53

Post by triceratops »

Insanity wrote: post #47
triceratops wrote: post #26

Earlier quoted context omitted.

To be fair Nokia, like Blackberry, was effed the moment iPhone launched. Elop hastened the decline but it was coming regardless.

It's not quite the same, BlackBerry was mostly a 'phone' company and not a 'full telecom' company, in terms of hardware the produced. Nokia has other products that are more b2b than b2c.

Nokia has existed for over a hundred years. The success of its phones made it a major name and a ton of money in the early 2000s. Its other lines of business have continued to operate quietly. But it's no longer the force it was.

Re: Nvidia takes $1B stake in Nokia

#55

Post by Wheaties466 »

rzerowan wrote: post #50
addei wrote: post #44

Earlier quoted context omitted.

Correct if I am wrong, but it is also noted that most essential 5G related patents are held by trio of Qualcomm, Ericsson and Nokia.

Yep the big three plus Huawei with a bit of an edge on them with te standard essential patent , that they collaborate in a pool with.Although in the matter of mobile modems/radios Qualcomm has an edge over all the others - not so much in the backend/longhaul telco space. Additionally if i recall most of the 6G stuff is being pushed by Huawei since most of it rests on the current 5G/5G+ work.

I get that they are now involved and contribute to 5g. But its pretty shameful how huawei had acquired the ability to do so.

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

https://www.bloomberg.com/news/features/2020-07-01/did-china...

https://www.politico.com/news/2020/02/13/us-charges-huawei-w...

Re: Nvidia takes $1B stake in Nokia

#56

Post by distances »

triceratops wrote: post #26
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?

To be fair Nokia, like Blackberry, was effed the moment iPhone launched. Elop hastened the decline but it was coming regardless.

It wasn't iPhone that doomed Nokia, it was Android. All of the sudden all Nokia's competitors could ship fairly good touch screen phones, while previously Nokia had a virtual monopoly on advanced mobile operating systems (barring BlackBerry in the US).

Granted, it was going to happen anyway, probably through Microsoft if Google hadn't commoditized that market first.

Re: Nvidia takes $1B stake in Nokia

#58

Post by tverbeure »

incognito124 wrote: post #57
nasmorn wrote: post #54

The stock of NVIDIA can buy the 230 smallest S&P 500 companies. Which are still quite big companies. I recently learned this fact and I think it is pretty wild.

Each of them separately, or all of them together?

If it were separately, they’d be able to buy 499 of S&P 500 companies…

Re: Nvidia takes $1B stake in Nokia

#60

Post by dustbunny »

lizardking wrote: post #19
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?

Do you mean David Sacks, the AI czar?

Yes, sorry
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