Microsoft selling its feature phone business

Microsoft Nokia 222 feature phone, Microsoft selling the business
Microsoft Nokia 222
Microsoft's feature phone assets will pass to FIH Mobile, a subsidiary of Hon Hai/Foxconn Technology Group, and HMD Global, Oy as part of a deal worth $350 million.
Codrut Nistor,

Although basic handsets without any smart capabilities are still being sold all around the world, their numbers are very low. Even feature phones with basic Internet connectivity are not doing much better and the latest move by Microsoft confirms that.

According to an official news article by the Redmond giant, the company "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." Microsoft Mobile Vietnam's Hanoi manufacturing facility will join FIH Mobile Ltd. and around 4,500 employees will be able to join FIH Mobile Ltd. or HMD Global, Oy.

The deal is expected to close in the second half of the year and involves the transfer of the entire feature phone assets currently owned by Microsoft, "including brands, software and services, care network and other assets, customer contracts, and critical supply agreements." However, the company will continue to work on Windows 10 Mobile and to provide support for Lumia handsets and phones from OEM partners such as Trinity, VAIO, HP, Alcatel, and Acer.


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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2016 05 > Microsoft selling its feature phone business
Codrut Nistor, 2016-05-18 (Update: 2016-05-18)
Codrut Nistor
Codrut Nistor - News Editor
Although I have been writing about new software and hardware for almost a decade, I consider myself to be old school. I always enjoy listening to music on CD or tape instead of digital files and I will not even get into the touchscreen vs physical keys debate. However, I also enjoy new technology, as I now have the chance to take a look at the future every day. I joined the Notebookcheck crew back in 2013 and I have no plans to leave the ship anytime soon.