THE WRAP: Nokia seeks CEO, Mot sues Huawei

Robert Clark | July 23, 2010

telecomseurope.net

This week Nokia looked for someone who could get it back into the game, and Motorola accused Huawei of stealing company secrets.

Nokia is hunting in Silicon Valley for a new CEO to replace Olli-Pekka Kallasvuo, Wall Street Journal reported.

Nokia Siemens Networks picked up Motorola’s wireless network business for $1.2 billion and then collected a bumper $7 billion LTE deal from US startup Harbinger, which plans to wholesale capacity from a hybrid satellite-cellular network.

Motorola sued Huawei Technologies for stealing its secrets, claiming an ex-employee sent material to Huawei boss Ren Zhengfei. Huawei denied the claims.

Handset makers from RIM to HTC piled into Steve Jobs over his claim that their phones also suffered from signal problems.

Apple piled up the cash with sales topping $15.7 billion as iPhones, Mac and iPads flew out the door in another record quarter.

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