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[51CTO.com original article] Chinese people like to choose auspicious days to do things, especially for weddings, funerals, business openings, and welcoming old friends. On May 18, 2017, we welcomed the return of an old friend that everyone is familiar with - Nokia: China Huaxin and Nokia officially signed an agreement to integrate Nokia's China business with Shanghai Bell Co., Ltd. The new company after the integration was officially renamed: Shanghai Nokia Bell Co., Ltd. Nokia is back with confidence and sincerity in the Chinese market.
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At the media communication meeting that afternoon, we talked a lot with Nokia. Wang Jianya, general manager of the management team of Nokia Bell Shanghai, said that as early as the first half of this year, the management teams of Nokia and Shanghai Bell had already begun in-depth communication and integration at the management team level. The agreement on May 18 was officially confirmed at the legal level, and the two companies will officially complete the handover in July this year. The equity ratio of the Chinese and foreign parties in the new joint venture remains unchanged, that is, Nokia holds 50%+1 equity, and the remaining equity is held by China Huaxin.
Since the acquisition of the Chinese joint venture Alcatel-Lucent last year, the joint management team of Nokia (China) and Shanghai Bell has begun to operate. The two companies have more than 16,000 employees and more than 10,000 R&D personnel in total, and have six R&D centers in Beijing, Shanghai, Hangzhou, Nanjing, Chengdu and Qingdao in China. Judging from the performance of last year's financial report, both companies are very confident and look forward to reaching an agreement at the shareholder level to operate with one legal entity, Shanghai Nokia Bell Co., Ltd.
Although Chinese consumers have a deep affection for Nokia mobile phones, unfortunately, Nokia will not make many moves in mobile phone products in the future. In an environment where technology is changing with each passing day and industry integration and transformation are changing, multinational communications companies are also constantly seeking new ideas for development. With the advent of the smartphone era, the Symbian system that was popular all over the world has long been hidden in the waves of Android and iOS. Nokia also sold its mobile phone business to Microsoft in 2013. After joining hands with Shanghai Bell, the two parties will jointly look to China's 5G communications market.
It is reported that Shanghai Nokia Bell Co., Ltd. will serve as Nokia's main operating platform in China, develop innovative technologies including IP networks, optical networks, fixed networks and next-generation 5G networks, and continue to explore overseas markets. Wang Jianya said that in terms of 5G communications, the strength of the two companies will increase exponentially after joining forces. In addition, in terms of the Internet of Things, it is believed that more than 100 billion people and things, and things and things will be connected in ten years. There are many areas that we can deeply cultivate, such as smart cities, smart homes, and digital healthcare, which we pay special attention to. It will solve the problem of remote medical treatment and data medical services for China's future 400 million retirees.
In order to benefit the common welfare of mankind, Shanghai Bell and Nokia also pay great attention to the development direction of the company after the joint venture. Yuan Xin, general manager of China Huaxin and chairman of Shanghai Bell, said that innovation is our DNA and a very important part of the two companies' foothold and survival. In the future, we will implement three aspects of innovation in the Chinese region.
First, in terms of originality, we make full use of Bell Labs for original and new technologies facing the future, including China's country's new generation of technologies facing the future. We are fortunate to participate in major projects organized by the Ministry of Science and Technology and the Ministry of Information Industry, whether they are leading or participating. At the national level and the Bell Labs level, the investment in new technologies facing the future is also considerable in quantity and quality.
Second, regarding product lines, wireless is our largest business. Almost 60% of our R&D teams in China, whether in Hangzhou, Shanghai or Beijing, are investing in future wireless technologies, including existing LTE, 4.5G, IOT, and future-oriented 5G, etc. We also have IP, transmission, optical access, and a variety of network-side products. This is a full-service concept, not just a wireless concept.
Third, for various applications, software, and services for customers in the future, these applications will also change with the changes in the user industry chain and the changes in market value. We are also making a lot of innovations at the software level, at various application levels, and even in various smart terminals, etc., to meet the market's requirements for us.
As the ancients said: Don't worry about having no friends on the road ahead, for everyone in the world knows you. The return of Nokia is a new opportunity for Shanghai Bell to develop, a beautiful marriage that is welcomed by the industry, and a necessity for China to connect, integrate, and develop together with the world. As a former Nokia fan, I will never forget the powerful performance and solid quality brought by the N95, and I do not rule out the possibility of re-acquainting myself with the Nokia brand in the field of wireless technology in the future. The combination of the strong will definitely lead to something. As Chairman Yuan Xin said, we are a family.
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