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Microsoft to sell feature phone business to Foxconn subsidiary, HMD Global

Microsoft Corp said it is selling its entry-level feature phone assets to FIH Mobile Ltd and HMD Global Oy for US$350mil (RM1.41bil).


Nokia returns to mobile phones with brand-licensing deal

Nokia said it has signed an exclusive 10-year licensing deal with Finnish company HMD Global Oy to create Nokia-branded phones and tablets.


Foxconn's FIH to buy Microsoft feature phones for US$350mil

HONG KONG: Microsoft Corp agreed to sell its feature phone business to FIH Mobile Ltd. and HMD Global for US$350mil, exiting a business that once dominated the mobile market under the Nokia name before Apple Inc's iPhone.


Nokia to make mobile, tablets comeback

Nokia, once the world’s top mobile phone maker, announced its return to the fiercely competitive handsets and tablets market years after being crushed there by Samsung and Apple.


Microsoft may cut 1,850 jobs as CEO pares phone ambitions

HONG KONG: Microsoft Corp will cut as many as 1,850 jobs and take a new impairment charge as chief executive officer Satya Nadellapares back the company’s ambitions in smartphones.


China smartphone maker Xiaomi buys Microsoft patents

Upstart smartphone maker Xiaomi has bought nearly 1,500 patents from US technology giant Microsoft, the companies and reports said, as part of a “global partnership” that will help the Chinese firm expand outside its home market.


Nokia's patent chief departs in wake of Samsung pacts

The head of Nokia's small, but highly profitable patent licensing division is leaving after two years in the role, weeks after he sealed a pace-setting patent deal with Samsung Electronics.


Microsoft announces Nokia 216 feature phone

With its classic Nokia look – a compact candybar shape presenting screen and keyboard on the same face – the Nokia 216 is to make its worldwide debut in October 2016.


Microsoft's answer to Google Pixel, iPhone 7 to be launched in Feb

Technology giant Microsoft may have sold off Nokia's branding rights to HMD Global and Foxconn for US$350mil (RM1.55bil) after a failed attempted to strike a mark in the handset business, but it is far from being down and out.


Fallen smartphone brand Nokia challenges Apple, Samsung again

Nokia smartphones are poised for a comeback after former managers at the Finnish company licensed the handset brand from Microsoft and struck up partnerships with Google and phone manufacturer Foxconn.