Tech Desk
Aug 31, 2024
The Finnish company, Nokia was a major player back over a few years ago, which still owns the top position in the network infrastructure business. However, Samsung also has its branch for Radio Access Network (RAN), which is quite diminutive in contrast to Nokia, with a market share of almost 6.1% last year.
Nokia was considerably the most dominating tech manufacturer company, a few years ago. It successfully reached new heights, but eventually, it experienced a downfall as it failed to compete with its rivals including Ericsson and Huawei.
Read more: Samsung gears up to kick start mass production of Exynos chip
Several rumours are being swirled that Samsung is planning to buy Nokia’s infrastructure business to intensify its RAN position, build a strong edifice in the industry and become the second-biggest RAN supplier with a huge market share of 25.6% all across the globe.
Currently, a reported figure of $10 billion for sale is pitched. The South Korean tech giant is not stepping into the field for the first time, as it has already developed 4G and 5G base stations, devices, and core equipment with supplied carriers all over the world such as Reliance Jio in India, Dish and Verizon in the US, and more.
