Lenovo Want to Acquisition of Nokia?

One of Nokia Product

The poor performance of Nokia's business which impact on the company's fate in the balance. Even a rumor risen to mention, Nokia will be acquired by Lenovo.

Santer did sound, Lenovo, which is known as a computer vendor interested in buying Nokia to expand its mobile phone market in the world.

But one official at Lenovo denies immediate rush. Manufacturers from Taiwan, she argues, is impossible to buy a Nokia.

"That's definitely just a joke. No way we do that," Gianfranco Lanci, Lenovo executive officer for Europe, Middle East and Africa, told Reuters, which quoted ActualWorldNews, Thursday (02/08/2012).

As is known, Nokia has tried to reverse the decline in the smartphone market by adopting Windows Phone, but they had little success against rivals like Apple and Samsung.

Impact, Nokia shares continue to shrink more than 70 percent since announcing a shift in strategy in February 2011.