· ABB joint bid for Nokia HERE or missed private support

According to the comprehensive foreign news report, the HERE map that Nokia decided to sell has already attracted Uber technology company and three luxury car companies in Germany to bid. Although the car companies have already cooperated, it may still be difficult to succeed.
High-resolution map tools are very important for autonomous driving and inter-vehicle connection services. According to informed sources, Germany's Daimler-Benz, BMW and Audi have jointly submitted index bids to Nokia. Baidu has recently joined the joint venture. Bidding.
Daimler CFO Bodo Uebber told the German media last week that the company is paying close attention to the situation, and high-definition maps are a prerequisite for autonomous driving.
The three major automakers may each contribute 700 million euros to reach HERE's offer, but this price is likely to be surpassed by technology companies with higher valuations and more cash flow. Earlier, according to the New York Times, Uber has submitted a $3 billion bid.
Some investment bankers said they hope that private offerings will join the auto industry and establish an industrial consortium that is not dominated by individual companies to conduct joint bidding.
Nokia is currently preparing to integrate with its huge acquisition of Alcatel-Lucent, and HERE has gradually deviated from its core business, but Nokia is still inclined to continue to hold its shares.
According to people familiar with the matter, Nokia has hired a consultant from Evercore Investment Bank to conduct analysis of potential buyers and has requested a second round of bidding. Although it is not currently determined how many companies are participating in the bidding, bankers said that they are mainly divided into two major categories of industrial and technology companies.

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