Google ups competition in smartphone sector

The news of Google's planned takeover of Motorola's mobile phone division has also driven up Nokia share prices. Nokia's low share price had already sparked speculation about a possible Nokia sale. That would not be in the interests of consumers, who benefit from competition on the smartphone market, writes the liberal daily Turun Sanomat: "Judging by the price paid for Motorola, the effective price for Nokia shares lies at over 20 euros, so that four euros is a rock-bottom price. At least should Samsung or Microsoft want to buy Nokia, for example. Already last winter, the British business magazine The Economist spread rumours of a possible sale. It felt Nokia's choice of Microsoft Windows as the operating system for its next generation of smartphones was wrong. ... For consumers it remains to be hoped that the cooperation between Nokia and Microsoft will bring a third strong operating system for telephones and applications onto the market, one that could give Apple and Google a run for their money."

» full article (external link, Finnish)
More from the press review on the subject » Corporations, » Consumers, » Global

» To the complete press review of Wednesday, August 17, 2011