Microsoft offloads Nokia feature phone business to Foxconn for $350M

Collapse
This topic is closed.
X
X
 
  • Time
  • Show
Clear All
new posts
  • RSS Robot
    I post the news

    2,500+ Posts
    • Jan 2009
    • 2597

    #1

    Microsoft offloads Nokia feature phone business to Foxconn for $350M

    Microsoft is selling the feature phone business it acquired from Nokia back in 2013 to a subsidiary of Chinese manufacturer Foxconn for $350 million, it announced today. At the same time former owner Nokia said it has inked a deal to license its brand to HMD Global, a new Finnish company run by ex-Nokia and Microsoft devices staff, to “create a new generation of Nokia-branded mobile… Read More

    More...
Working...