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.",

0 comments | 1 clip



Last clipped by

Hey! Thanks for checking out Newsclip®!

Click on this Trending Newsclip® Stack to read other top media reports on this topic.

Be sure to clip to your personal newspaper, like, comment and share!

Newsclip® is the leader of Social News Discovery®.

Welcome to the Newsclip® beta release!

Please enjoy the site during our beta phase and provide us with feedback on suggestions and issue details. Please remember that we are still in beta and there will be issues and site changes during this time.

Newsclip® the leading Online Social Newspaper, find trending articles through Social News Discovery®!

Invite Friends to Newsclip®

Invite your Facebook friends to follow you!

You can reopen the "Getting Started Tutorial" dialog from within the About menu in the top right corner.