Microsoft to sell feature phone business to Foxconn for $350 million

microsoft_logo

Microsoft today announced that it has agreed to sell its entry-level feature phone business to FIH Mobile, a subsidiary of Hon Hai/Foxconn Technology Group and and HMD Global for $350 million. FIH Mobile will also acquire Microsoft Mobile Vietnam, it’s manufacturing facility in Hanoi, Vietnam. Continue reading “Microsoft to sell feature phone business to Foxconn for $350 million”