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2d
CIO
Microsoft eats another $1B as phone strategy shrinks to enterprise-onlyweek, Microsoft abandoned the low-end market when it sold what was left of its
Microsoft eats another $1B as phone strategy shrinks to enterprise-only
CIO / Posted 2 days ago
week, Microsoft abandoned the low-end market when it sold what was left of its feature phone business for $350 million to FIH Mobile Ltd., a subsidiary of Taiwanese contract manufacturer Hon Hai, better known as Foxconn, and to Finnish firm HMD... Read more
65 related stories
2d
TechNewsWorld.com
Nokia Stages Smartphone Comebacktablet business in connection with a larger agreement by Microsoft to sell its
Nokia Stages Smartphone Comeback
TechNewsWorld.com / Posted 2 days ago
tablet business in connection with a larger agreement by Microsoft to sell its entry-level phone business to HMD Global and FIH Mobile for US$350 million. Under the deal, Microsoft will sell its Hanoi, Vietnam, manufacturing facility to FIH Mobile,... Read more
65 related stories
2d
Daily Mail
Robots replacing 60,000 workers at iPhone assembler FoxconnMicrosoft announced the sale of its feature phone business to a new Finnish com
Robots replacing 60,000 workers at iPhone assembler Foxconn
Daily Mail / Posted 2 days ago
Microsoft announced the sale of its feature phone business to a new Finnish company HMD Global and its Taiwanese partner, FIH Mobile of Foxconn Technology Group, which will jointly begin manufacturing handsets and tablets under the Nokia brand... Read more
2 related stories
2d
Inquirier.net
Microsoft giving up smartphone manufacturing — unionphone business for $350 million (310.5 million euros) to a new Finnish company
Microsoft giving up smartphone manufacturing — union
Inquirier.net / Posted 2 days ago
phone business for $350 million (310.5 million euros) to a new Finnish company HMD Global and its Taiwanese partner, FIH Mobile of FoxConn Technology Group, which will jointly begin manufacturing handsets and tablets under the Nokia brand... Read more
65 related stories
3d
Bangkok Post - Thailand's English news
Microsoft to end smartphone manufacturing: unionphone business for $350 million (310.5 million euros) to a new Finnish company
Microsoft to end smartphone manufacturing: union
Bangkok Post - Thailand's English news / Posted 3 days ago
phone business for $350 million (310.5 million euros) to a new Finnish company HMD Global and its Taiwanese partner, FIH Mobile of FoxConn Technology Group, which will jointly begin manufacturing handsets and tablets under the Nokia brand... Read more
65 related stories
3d
E-Commerce Times
Microsoft Drastically Scales Down Smartphone Bizjust a week after Microsoft announced the sale of its flagging feature phone bu
Microsoft Drastically Scales Down Smartphone Biz
E-Commerce Times / Posted 3 days ago
just a week after Microsoft announced the sale of its flagging feature phone business to Hon Hai/Foxconn Technology unit FIH Mobile and HMD Global Oy, which in turn will orchestrate Nokia's return to the smartphone arena, which it abandoned after... Read more
3d
Business Standard India
Microsoft may cut 1,850 jobs as Nadella pares phone ambitions2016 with further details to be released with fourth-quarter earnings in July.
Microsoft may cut 1,850 jobs as Nadella pares phone ambitions
Business Standard India / Posted 3 days ago
2016 with further details to be released with fourth-quarter earnings in July. Microsoft sold its feature phone business to FIH Mobile and HMD global for $350 million. Windows phones had less than one per cent of the global smartphone market in the... Read more
65 related stories
3d
Boston Herald
Microsoft to cut 1,850 jobs in further smartphone pullbackthe smartphone unit come after Microsoft last week announced a deal to sell its
Microsoft to cut 1,850 jobs in further smartphone pullback
Boston Herald / Posted 3 days ago
the smartphone unit come after Microsoft last week announced a deal to sell its 4,500-employee feature phone businesses to FIH Mobile, a subsidiary of Hon Hai/Foxconn Technology Group, and HMD Global for $350 million. Of the cuts, up to 1,350 jobs... Read more
65 related stories
3d
The Arizona Republic
Microsoft to slash up to 1,850 jobsweek, Microsoft confirmed it is selling its feature phone business to Finnish c
Microsoft to slash up to 1,850 jobs
The Arizona Republic / Posted 3 days ago
week, Microsoft confirmed it is selling its feature phone business to Finnish company HMD and Foxconn subsidiary FIH Mobile for $350 million. The company said it will continue to support Windows 10 Mobile and any Lumia smartphones running... Read more
65 related stories
3d
The China Post
Microsoft to terminate smartphone manufacturing: unionphone business for US$350 million (310.5 million euros) to a new Finnish compan
Microsoft to terminate smartphone manufacturing: union
The China Post / Posted 3 days ago
phone business for US$350 million (310.5 million euros) to a new Finnish company HMD Global and its Taiwanese partner, FIH Mobile of FoxConn Technology Group, which will jointly begin manufacturing handsets and tablets under the Nokia brand... Read more
65 related stories
3d
Variety
Microsoft to Cut 1,850 Jobs In Further Smartphone Pullbackthe smartphone unit come after Microsoft last week announced a deal to sell its
Microsoft to Cut 1,850 Jobs In Further Smartphone Pullback
Variety / Posted 3 days ago
the smartphone unit come after Microsoft last week announced a deal to sell its 4,500-employee feature phone businesses to FIH Mobile, a subsidiary of Hon Hai/Foxconn Technology Group, and HMD Global for $350 million. Of the cuts, up to 1,350 jobs... Read more
65 related stories
3d
FOX40 Sacramento
Microsoft Plans Another 1,850 Job Cuts in Phone Businessseverance payments. The tech giant also announced last week that it was sellin
Microsoft Plans Another 1,850 Job Cuts in Phone Business
FOX40 Sacramento / Posted 3 days ago
severance payments. The tech giant also announced last week that it was selling its entire feature phone business to FIH Mobile, a Foxconn subsidiary, and a Nokia-owned Finnish company called HMD Global for $350 million. This unit specialized... Read more
65 related stories
3d
Q13 FOX Seattle
Microsoft plans another 1,850 job cuts in phone businessseverance payments. The tech giant also announced last week that it was sellin
Microsoft plans another 1,850 job cuts in phone business
Q13 FOX Seattle / Posted 3 days ago
severance payments. The tech giant also announced last week that it was selling its entire feature phone business to FIH Mobile, a Foxconn subsidiary, and a Nokia-owned Finnish company called HMD Global for $350 million. This unit specialized... Read more
65 related stories
3d
MacDailyNews
Apple’s new love affair with India leaves China sweating – MacDailyNewsthat caught my eye also came out this week, and has Chinese media fixating on t
Apple’s new love affair with India leaves China sweating – MacDailyNews
MacDailyNews / Posted 3 days ago
that caught my eye also came out this week, and has Chinese media fixating on the fact that Terry Gou, chief executive FIH Mobile’s Taiwanese parent, accompanied Cook on the trip to India,” Young writes. “That article also leads with the... Read more
3d
USA Today
Microsoft to cut up to 1,850 jobsweek, Microsoft confirmed it is selling its feature phone business to Finnish c
Microsoft to cut up to 1,850 jobs
USA Today / Posted 3 days ago
week, Microsoft confirmed it is selling its feature phone business to Finnish company HMD and Foxconn subsidiary FIH Mobile for $350 million. The company said it would continue to support Windows 10 Mobile and any Lumia smartphones... Read more
65 related stories
3d
Manila Bulletin
Microsoft to end smartphone manufacturing: unionphone business for $350 million (310.5 million euros) to a new Finnish company
Microsoft to end smartphone manufacturing: union
Manila Bulletin / Posted 3 days ago
phone business for $350 million (310.5 million euros) to a new Finnish company HMD Global and its Taiwanese partner, FIH Mobile of FoxConn Technology Group, which will jointly begin manufacturing handsets and tablets under the Nokia brand... Read more
65 related stories
3d
Market Watch
Microsoft to cut 1,850 smartphone workersCorp.'s handset business. The latest charge and layoffs follow the sale last w
Microsoft to cut 1,850 smartphone workers
Market Watch / Posted 3 days ago
Corp.'s handset business. The latest charge and layoffs follow the sale last week of Microsoft's low-end phone business to FIH Mobile Ltd., a subsidiary of Hon Hai/ Foxconn Technology Group, and HMD Global Oy for $350 million. In an email to... Read more
65 related stories
3d
International Business Times
Microsoft calls time on Nokia experiment with 1,850 job cuts in smartphone division IBTimes UK This "streamlining" comes a week after Microsoft announced it will
Microsoft calls time on Nokia experiment with 1,850 job cuts in smartphone division
International Business Times / Posted 3 days ago
IBTimes UK This "streamlining" comes a week after Microsoft announced it will be selling its feature phone business to FIH Mobile, a subsidiary of Chinese company Foxconn, for $350m. The buy-out saw 25,000 Nokia staffers switch to Microsoft,... Read more
65 related stories
3d
The Register
Microsoft's Windows Phone folly costs it another billion dollarsfor $7.2bn. Earlier this month Microsoft said it is selling the feature phone
Microsoft's Windows Phone folly costs it another billion dollars
The Register / Posted 3 days ago
for $7.2bn. Earlier this month Microsoft said it is selling the feature phone business it bought with Nokia to a subsidiary of Foxconn – FIH Mobile – and equity-backed HMD Global. The $350m deal will see 4,500 staff transfer to the manufactu... Read more
65 related stories
3d
Newsmax
Microsoft May Cut 1,850 Jobs as Nadella Pares Phone Ambitions2016 with further details to be released with fourth-quarter earnings in July.
Microsoft May Cut 1,850 Jobs as Nadella Pares Phone Ambitions
Newsmax / Posted 3 days ago
2016 with further details to be released with fourth-quarter earnings in July. Microsoft sold its feature phone business to FIH Mobile Ltd. and HMD global for $350 million. Windows phones had less than 1 percent of the global smartphone market in... Read more
65 related stories
3d
FOX 2 News St. Louis
Microsoft plans another 1,850 job cuts in phone businessseverance payments. The tech giant also announced last week that it was sellin
Microsoft plans another 1,850 job cuts in phone business
FOX 2 News St. Louis / Posted 3 days ago
severance payments. The tech giant also announced last week that it was selling its entire feature phone business to FIH Mobile, a Foxconn subsidiary, and a Nokia-owned Finnish company called HMD Global for $350 million. This unit specialized... Read more
65 related stories
3d
Zero Hedge
Global Stocks, Futures Rally, Ignore Sharp Yuan Devaluation On Hopes Fed Is Right This TimeAmbitions: Company will incur about $950 million in new charges. Last week Micr
Global Stocks, Futures Rally, Ignore Sharp Yuan Devaluation On Hopes Fed Is Right This Time
Zero Hedge / Posted 3 days ago
Ambitions: Company will incur about $950 million in new charges. Last week Microsoft sold its feature phone business to FIH Goldman Sachs Sees Malaysian Deals Evaporate Amid 1MDB Concerns: Once among top banks, Goldman was 18th in 2015 M&A... Read more
3d
iol.co.za
Jobs at risk as Microsoft pares phone ambitions2016 with further details to be released with fourth-quarter earnings in July.
Jobs at risk as Microsoft pares phone ambitions
iol.co.za / Posted 3 days ago
2016 with further details to be released with fourth-quarter earnings in July. Microsoft sold its feature phone business to FIH Mobile and HMD global for $350 million. Windows phones had less than 1 percent of the global smartphone market in the... Read more
65 related stories
3d
Market Watch
Microsoft to layoff 1,850 from smartphone businessCorp.'s handset business. The latest charge and layoffs follow the sale last w
Microsoft to layoff 1,850 from smartphone business
Market Watch / Posted 3 days ago
Corp.'s handset business. The latest charge and layoffs follow the sale last week of Microsoft's low-end phone business to FIH Mobile Ltd., a subsidiary of Hon Hai/ Foxconn Technology Group, and HMD Global Oy for $350 million. In an email to... Read more
65 related stories
3d
The Verge
Microsoft lays off hundreds as it guts its phone businessof its smartphone business comes just a week after the company announced it's s
Microsoft lays off hundreds as it guts its phone business
The Verge / Posted 3 days ago
of its smartphone business comes just a week after the company announced it's selling its feature phone business to FIH Mobile, a subsidiary of Foxconn, for $350 million. "We are focusing our phone efforts where we have differentiation —... Read more
65 related stories
4d
FOX Business
Nokia Corp.'s Return to Mobile Is Spot-Ononce again enters the Nokia mobile picture. Microsoft has agreed to sell what r
Nokia Corp.'s Return to Mobile Is Spot-On
FOX Business / Posted 4 days ago
once again enters the Nokia mobile picture. Microsoft has agreed to sell what remains of its feature-phone unit to FIH Mobile, a subsidiary of Foxconn , for $350 million. In return, Foxconn acquires Microsoft'smanufacturing, some design... Read more
3 related stories
4d
FOX Business
Nokia Corp.'s Return to Mobile Is Spot-Ononce again enters the Nokia mobile picture. Microsoft has agreed to sell what r
Nokia Corp.'s Return to Mobile Is Spot-On
FOX Business / Posted 4 days ago
once again enters the Nokia mobile picture. Microsoft has agreed to sell what remains of its feature-phone unit to FIH Mobile, a subsidiary of Foxconn , for $350 million. In return, Foxconn acquires Microsoft'smanufacturing, some design... Read more
3 related stories
5d
Computer World Australia
Microsoft leaves feature-phone business as Nokia moves back in, sort offeature-phone business, selling its remaining interests in the Nokia brand and
Microsoft leaves feature-phone business as Nokia moves back in, sort of
Computer World Australia / Posted 5 days ago
feature-phone business, selling its remaining interests in the Nokia brand and its Vietnamese phone factory to HMD and to FIH, a subsidiary of contract manufacturing giant Foxconn, for around US$350 million. Microsoft isn't giving up on phones... Read more
3 related stories
5d
Investopedia
Is Microsoft Hanging Up on Mobile Phones? (MSFT, NOK)giant announced it will sell its entire feature phone business for $350 million
Is Microsoft Hanging Up on Mobile Phones? (MSFT, NOK)
Investopedia / Posted 5 days ago
giant announced it will sell its entire feature phone business for $350 million in two separate transactions involving FIH Mobile (FXCNY), a subsidiary of Foxconn, and Finland-based HMD Global, Oy. No Longer The Right Dial Tone The sale of... Read more
65 related stories
5d
AllAfrica.com
FIH Trainer Jhite Impressed By Prospects of Coaches in the Countryis now Wananchi chairman. The bulk of coaches in clubs and schools are ungrade
FIH Trainer Jhite Impressed By Prospects of Coaches in the Country
AllAfrica.com / Posted 5 days ago
is now Wananchi chairman. The bulk of coaches in clubs and schools are ungraded, self taught and motivated but Jhite, a FIH (International Hockey Federation) top African coach trainer, believes they will be able to easily make the Level One... Read more
6d
The Age
Remember Nokia? Household name returns to smartphone marketat HMD. The venture will make smartphones running Android, and also plans tabl
Remember Nokia? Household name returns to smartphone market
The Age / Posted 6 days ago
at HMD. The venture will make smartphones running Android, and also plans tablets and cheaper, so-called feature phones. FIH Mobile, part of Foxconn Technology Group, will help to build the devices.Tough market Nokia and HMD will be trying to... Read more
3 related stories
8d
dna
India likely to announce hockey squad for Rio on July 529 and Oltmans said the idea, behind the move was to ensure the players are fee
India likely to announce hockey squad for Rio on July 5
dna / Posted 8 days ago
29 and Oltmans said the idea, behind the move was to ensure the players are feeling fresh and hungry ahead of next month's FIH Champions Trophy in London. "Starting June 5, the team will be away for almost a month playing two different tournaments... Read more
8d
E-Commerce Times
Nokia Stages Smartphone Comebacktablet business in connection with a larger agreement by Microsoft to sell its
Nokia Stages Smartphone Comeback
E-Commerce Times / Posted 8 days ago
tablet business in connection with a larger agreement by Microsoft to sell its entry-level phone business to HMD Global and FIH Mobile for US$350 million. Under the deal, Microsoft will sell its Hanoi, Vietnam, manufacturing facility to FIH Mobile,... Read more
71 related stories
8d
Digi Times
Foxconn moves one step further to become brand operatorcompany. Or, in other words, Foxconn is to manage the Sharp brand onwards by it
Foxconn moves one step further to become brand operator
Digi Times / Posted 8 days ago
company. Or, in other words, Foxconn is to manage the Sharp brand onwards by itself. The recently arrangement under which FIH Mobile, an OEM handset subsidiary of the Foxconn Group, and Finland-based HMD Global to jointly acquire Nokia's previous... Read more
71 related stories
8d
Queensland Times
Steve’s golden motivation to play on at 60in complete his World Cup set. Sawyers has returned from Newcastle where he wa
Steve’s golden motivation to play on at 60
Queensland Times / Posted 8 days ago
in complete his World Cup set. Sawyers has returned from Newcastle where he was part of Australia’s latest success at the FIH Grand Masters World Cup of hockey. After winning a bronze medal with the Aussie 55 years team in The Netherlands two... Read more
9d
dna
Nokia to re-enter mobile phone segment once againits investors and profits from the acquired feature phone business, Nokia said
Nokia to re-enter mobile phone segment once again
dna / Posted 9 days ago
its investors and profits from the acquired feature phone business, Nokia said in its statement. It also announced that FIH Mobile Limited (FIH), a subsidiary of Hon Hai Precision Industries (trading as Foxconn Technology Group), will acquire... Read more
71 related stories
9d
T3
Microsoft leaves the features phone business behind for goodmobile phones and tablets that can leverage and grow the value of the Nokia bra
Microsoft leaves the features phone business behind for good
T3 / Posted 9 days ago
mobile phones and tablets that can leverage and grow the value of the Nokia brand in global markets. Working with HMD and FIH will let us participate in one of the largest consumer electronics markets in the world while staying true to our... Read more
71 related stories
9d
iol.co.za
The Nokia name returns to mobile phonesrights. Microsoft announced simultaneously it would sell its entry-level phone
The Nokia name returns to mobile phones
iol.co.za / Posted 9 days ago
rights. Microsoft announced simultaneously it would sell its entry-level phones business to HMD and Foxconn subsidiary FIH Mobile for $350 million. Nokia, whose global market share in handsets peaked at around 40 percent in 2008, said its... Read more
71 related stories
9d
TheBull
Nokia to make mobile, tablets comebackphones, smartphones and tablets," Nokia said in a statement. As part of the pr
Nokia to make mobile, tablets comeback
TheBull / Posted 9 days ago
phones, smartphones and tablets," Nokia said in a statement. As part of the process, HMD Global and its Taiwanese partner, FIH Mobile of FoxConn Technology Group, will take over Microsoft's feature phone business for $350 million (310.5 million... Read more
71 related stories
9d
Herald Sun
Nokia phones make a comebackphones, smartphones and tablets,” Nokia said in a statement. As part of the pr
Nokia phones make a comeback
Herald Sun / Posted 9 days ago
phones, smartphones and tablets,” Nokia said in a statement. As part of the process, HMD Global and its Taiwanese partner, FIH Mobile of FoxConn Technology Group, will take over Microsoft’s feature phone business for $A484 million, Microsoft said... Read more
71 related stories
9d
Perth Now
Nokia phones make a comebackphones, smartphones and tablets,” Nokia said in a statement. As part of the pr
Nokia phones make a comeback
Perth Now / Posted 9 days ago
phones, smartphones and tablets,” Nokia said in a statement. As part of the process, HMD Global and its Taiwanese partner, FIH Mobile of FoxConn Technology Group, will take over Microsoft’s feature phone business for $A484 million, Microsoft said... Read more
71 related stories
9d
Daily Telegraph
Nokia phones make a comebackphones, smartphones and tablets,” Nokia said in a statement. As part of the pr
Nokia phones make a comeback
Daily Telegraph / Posted 9 days ago
phones, smartphones and tablets,” Nokia said in a statement. As part of the process, HMD Global and its Taiwanese partner, FIH Mobile of FoxConn Technology Group, will take over Microsoft’s feature phone business for $A484 million, Microsoft said... Read more
71 related stories
9d
Converge! Network Digest
Nokia Plans Return to Mobile Phones ~ Converge! Network Digestof Microsoft's feature phone business assets, including manufacturing, sales an
Nokia Plans Return to Mobile Phones ~ Converge! Network Digest
Converge! Network Digest / Posted 9 days ago
of Microsoft's feature phone business assets, including manufacturing, sales and distribution, will be acquired by FIH Mobile Limited (FIH), a subsidiary of Hon Hai Precision Industries (trading as Foxconn Technology Group). HMD and Nokia... Read more
71 related stories
9d
Digi Times
Microsoft to sell feature phone business18 May 2016] Microsoft has announced it has reached an agreement to sell its e
Microsoft to sell feature phone business
Digi Times / Posted 9 days ago
18 May 2016] Microsoft has announced it has reached an agreement to sell its entry-level feature phone assets to FIH Mobile, a subsidiary of the Foxconn Group, and HMD Global, Oy for US$350 million. As part of the deal, FIH Mobile will... Read more
71 related stories
9d
Lifehacker Australia
Nokia Is Limping Back Into The Smartphone Marketiconic mobile brands with the leading mobile operating system and app developme
Nokia Is Limping Back Into The Smartphone Market
Lifehacker Australia / Posted 9 days ago
iconic mobile brands with the leading mobile operating system and app development community. As also announced today by FIH Mobile Limited (FIH), a subsidiary of Hon Hai Precision Industries (trading as Foxconn Technology Group), the remainder... Read more
71 related stories
9d
New Kerala
New Finnish firm to revive Nokia mobile phone brand - newkerala.com #65551a parallel move, Microsoft announced on Wednesday it sold its basic phone busin
New Finnish firm to revive Nokia mobile phone brand - newkerala.com #65551
New Kerala / Posted 9 days ago
a parallel move, Microsoft announced on Wednesday it sold its basic phone business for $350 million to HMD and FIH Mobile, a subsidiary of Foxconn. HMD and Nokia Technologies have entered an agreement on cooperation with... Read more
71 related stories
9d
Adelaide Now
Nokia phones make a comebackphones, smartphones and tablets,” Nokia said in a statement. As part of the pr
Nokia phones make a comeback
Adelaide Now / Posted 9 days ago
phones, smartphones and tablets,” Nokia said in a statement. As part of the process, HMD Global and its Taiwanese partner, FIH Mobile of FoxConn Technology Group, will take over Microsoft’s feature phone business for $A484 million, Microsoft said... Read more
71 related stories
9d
News.com.au
Nokia phones are making a comebackphones, smartphones and tablets,” Nokia said in a statement. As part of the pr
Nokia phones are making a comeback
News.com.au / Posted 9 days ago
phones, smartphones and tablets,” Nokia said in a statement. As part of the process, HMD Global and its Taiwanese partner, FIH Mobile of FoxConn Technology Group, will take over Microsoft’s feature phone business for $A484 million, Microsoft said... Read more
71 related stories
9d
Canberra Times
Remember Nokia? Household name returns to smartphone marketat HMD. The venture will make smartphones running Android, and also plans tabl
Remember Nokia? Household name returns to smartphone market
Canberra Times / Posted 9 days ago
at HMD. The venture will make smartphones running Android, and also plans tablets and cheaper, so-called feature phones. FIH Mobile, part of Foxconn Technology Group, will help to build the devices.Tough market Nokia and HMD will be trying to... Read more
71 related stories
9d
Brisbane Times
Remember Nokia? Household name returns to smartphone marketat HMD. The venture will make smartphones running Android, and also plans tabl
Remember Nokia? Household name returns to smartphone market
Brisbane Times / Posted 9 days ago
at HMD. The venture will make smartphones running Android, and also plans tablets and cheaper, so-called feature phones. FIH Mobile, part of Foxconn Technology Group, will help to build the devices.Tough market Nokia and HMD will be trying to... Read more
71 related stories
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