Microsoft Sells Off Nokia for $350m

Microsoft Sells Off Nokia for $350m

Microsoft has sold off the Nokia brand and its feature phone business to FIH Mobile, a subsidiary of Hon Hai/Foxconn Technology Group, for $350m (£243m). The deal also includes the company’s Hanoi manufacturing facility, Microsoft Mobile Vietnam. A further deal with Nokia will give FIH the exclusive rights to the Nokia brand until 2024, which […]