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Forums - Gaming Discussion - Nokia comes to Android and Microsoft sells off feature phone business

Nokia is getting back into the world of phones and tablets. The Finnish vendor has licensed its name and IP to HMD, a newly-minted entity tasked with creating a portfolio of devices running Android that carry Nokia's iconic name. HMD and Nokia have also partnered with FIH Mobile Limited, a subsidiary of Foxconn that just acquired Microsoft's feature phone business for $350 million, including manufacturing, sales and distribution.

http://m.windowscentral.com/were-finally-about-get-nokia-android-phone-weve-always-wanted

http://m.windowscentral.com/microsoft-sells-its-feature-phone-business-foxconn-350-million-0







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Watch their stock pop today lol



FINALLY!
Looks like they got rid of all their Microsoft infiltrators.
They should have embraced Android day one.



I LOVE ICELAND!

Ka-pi96 said:
ugh, what does 'feature phone' mean? Are they selling off their phone business or just a part of it?

Their phone business was sold to Microsoft years ago.
Now they're rebuilding it.



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Ka-pi96 said:
ugh, what does 'feature phone' mean? Are they selling off their phone business or just a part of it?

dumb phones like the one below is called a feature phone.



they are writing off 7.6 billion related to the acquisition of Nokia, thats more than the 7.2 billion they spent to buy it.

and they are selling it for 350 million? geez.



bananaking21 said:
they are writing off 7.6 billion related to the acquisition of Nokia, thats more than the 7.2 billion they spent to buy it.

and they are selling it for 350 million? geez.

They sell their feature phone business, not the phone business. 

But yeah, the phone business in general doesn't do so well for MS...



Should have happened years ago.



Wow that's big news. Good to see the android take over continue though. I love androids.