June 19^th, recently, a rumor that Huawei Company is going to purchase Nokia spreads rapidly because of some reports from foreign news media. According to foreign media, Huawei would consider buying Nokia to help it become the world's leading smartphone maker.

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Today, Huawei Terminal issues a declaration officially to clarify that they don't have any plans on buying Nokia.

When Huawei was launching its latest premium smartphone "the Ascend P6" in London. Richard Yu, chairman of Huawei's consumer business group, said: "We are considering these sorts of acquisitions; maybe the combination has some synergies but depends on the willingness of Nokia. We are open-minded."

Huawei is investing heavily in producing the next generation of smartphones technology, aiming to be slimmer, lighter and faster than best selling Samsung phones, as well as in wearable smart devices similar to the Google Glass or the Apple watch.

This week, Huawei is staging its largest Western launch of a premium phone with the Ascend P6, one of the slimmest smartphones on the market. The Ascend P6 has similar specifications as the latest devices from Samsung and Apple, but will be on sale at a lower price.

Yesterday, Shares of Nokia (NOK) are up 11%, during in mid-day trading following an article in Financial Times, in that article, it wrote that Chinese smartphone and networking vendor Huawei is open to buying Nokia, citing remarks by its head of consumer products. NOK closed at $3.86, rose over 4%.

Huawei Terminal Declaration:

"Huawei Consumer Benefits Group doesn't have the plan to buy Nokia. We are aiming to innovate constantly, provide consumers with the best products and services. The slimmest smartphones Ascend P6 is a milestone for our company. We will keep our words by actual deeds."