Nokia looks to tackle Huawei in its own backyard

Nokia has continued its quest of recovery by creating a new joint venture with China Huaxin, acting as the company’s major presence in the country.
The move will see Nokia own 50% plus one share of Nokia Shanghai Bell, with China Huaxin owning the remainder, and will become the exclusive platform in China for areas such as IP routing, optical, fixed and next-generation 5G. It would seem Nokia is tired of Huawei constantly going on the offensive, stealing market share all over the world, an