vowe dot net :: Microsoft selling feature phone business

Microsoft selling feature phone business

by Volker Weber

ZZ56FE8850

REDMOND, Wash. - May 18, 2016 - Microsoft Corp. on Wednesday announced it reached an agreement to sell the company’s entry-level feature phone assets to FIH Mobile Ltd., a subsidiary of Hon Hai/Foxconn Technology Group, and HMD Global, Oy for $350 million.

There is a little bit more to it than you would take at face value. The clue is "Oy". HMD Global is a new Finnish company and there are ex-Nokia people behind it. When the dust has settled, Microsoft is left with Windows Phone and Nokia comes back with Android.

2016-05-18 :: email :: twitter :: qr code

Comments

I forgot these still existed. The last time I held one (maybe not one of those in the image) - I was impressed with the build quality.

Ian Bradbury, 2016-05-18

HMD also got the rights to the smartphone part of the brand from Nokia.

http://company.nokia.com/en/news/press-releases/2016/05/18/nokia-signs-strategic-brand-and-intellectual-property-licensing-agreement-enabling-hmd-global-to-create-new-generation-of-nokia-branded-mobile-phones-and-tablets

Jochen Schug, 2016-05-18

Recent comments

Markus Schott on Fritz!Fon C4, C5 und C6 :: Stuff that works at 17:03
Sven Thomsen on Viele neue Echos :: Amazon rüstet massiv auf at 07:55
Jonas Rathert on Critical Intel Thunderbolt Software and Firmware Updates - ThinkPad at 12:29
Manfred Wiktorin on Beats Solo Pro with ANC at 10:33
Tim Bellinghausen on Losing your laptop at 10:17
Andreas Kurtz on Losing your laptop at 08:28
Philipp Haun on Losing your laptop at 06:40
Volker Butterstein on Share music on two headphones from iPhone at 06:36
Maximilian von Hulewicz on Beats Solo Pro with ANC at 11:18
Maximilian von Hulewicz on Google Pixel 4 vorgestellt at 11:17
Felix Binsack on Beats Solo Pro with ANC at 10:54
Volker Weber on Beats Solo Pro with ANC at 23:33
Adrian Woizik on Beats Solo Pro with ANC at 23:08
Volker Weber on Beats Solo Pro with ANC at 22:42
Adrian Woizik on Beats Solo Pro with ANC at 22:40
Enrico Lippmann on Google Pixel 4 vorgestellt at 14:40
Felix Binsack on Beats Solo Pro with ANC at 13:23
Volker Weber on Beats Solo Pro with ANC at 09:02
Johannes Matzke on Beats Solo Pro with ANC at 09:00
Thomas Cloer on Google Pixel 4 vorgestellt at 08:17
Volker Weber on Fritz!Fon C4, C5 und C6 :: Stuff that works at 20:08
Maik Endler on Fritz!Fon C4, C5 und C6 :: Stuff that works at 20:05
Andreas Krümmel on Fritz!Fon C4, C5 und C6 :: Stuff that works at 11:36
Hubert Stettner on Fritz!Fon C4, C5 und C6 :: Stuff that works at 11:24
Eric Bredtmann on Fritz!Fon C4, C5 und C6 :: Stuff that works at 07:53

Ceci n'est pas un blog

I explain difficult concepts in simple ways. For free, and for money. Clue procurement and bullshit detection.

vowe

Contact
Publications
Stuff that works
Amazon Wish List
Frequently Asked Questions

Local time is 18:21