Samsung sells Symbian stake to Nokia for $410M

Samsung sells Symbian stake to Nokia for $410M

Nokia made an offer and “they (Samsung) have accepted it” (Nokia spokesman). Now, we can speculate on what happened: it might mean that Samsung doesn’t believe that Symbian can hold Apple and Windows Mobile off in the longer term. And they might very well be right. Honestly, I like the idea that Nokia heavily invests in software and applications, but unless Symbian has something big up itsr sleeves, I don’t see how they can fight in the long term. On the other hand, Nokia probably prefers to hold its fate in its own hands, rather than wait for a mobile miracle from Microsoft (and pay the license). I’m curious to see what will come out of this. I heard that samsung is big into developing its own low-level software to increase device response time and licensing fees.

What’s your take?

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