Nokia partners with Chinese companies for innovation

Recently, Chinese President Xi Jinping visited Finland. There, an innovation partnership was signed with Sauli Niinisto, the Finnish President. This agreement has greatly opened up vast opportunities for a lot of partnership, especially in the eyes of Nokia head Risto Siilasmaa. As part of the agreement, a Sino-Finnish innovation council will be created. The purpose of this is to guide and promote business cooperation on innovation, exploring opportunities and giving advice regarding policies.

Mr. Siilasmaa, as Chairman of the Finnish IT giant Nokia, has been chosen to lead the Finnish group in the council. In this council, each country will nominate players (companies) to be representatives. Mr. Siilasmaa said that he hoped to get some of his old friends from Chinese technology companies to be Nokia partners. The list of members from the China side has not been revealed yet, but Siilasmaa has specified some people he would like to work with. Some of them are Jack Ma, Pony Ma, Lei Jun, and Robin Li, who are, respectively, the heads of Alibaba, Tencent, Xiaomi and Baidu.

In the past, Siilasmaa has been on the same panel discussion with those figures, and would very much love to work with them again. The council will strive to work towards achieving common goals between the two nations. Not many details have been shared, but it is hinted as some common problems humanity faces. He also shared that this partnership would be very beneficial, since each country has their own strengths and weaknesses regarding innovation. It can be inferred that in the future, more Nokia partners would be from China.

Nokia partners with Chinese companies: For the better good

Hopefully, Nokia can use this new agreement to good use. They are doing very well with the comeback of the Nokia smartphone brand, and with new Nokia partners, they can strengthen their position even more. What do you think of this partnership?