Newsclip®: [Technology] Microsoft reaches $350M deal to sell Feature Phone business; 4,500 employees to transfer to Foxconn subsidiary : Business : Yibada

"Microsoft is selling its Feature Phone business in Vietnam to two separate buyers in a hefty $350 million deal. Hon Hai/ Foxconn Technology Group's subsidiary FIH Mobile Ltd. and Finland-based HMD global will be take over Nokia, Microsoft's Feature Phone business and will Absorb Microsoft's 4,500 employees.", en.yibada.com


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