Re-entering the smartphone biz: According to industry sources and news reports, Microsoft is working on a consumer smartphone along with another manufacturer, just like Google did for its Pixel with HTC.
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.
Microsoft is believed to have sold the portfolio to Foxconn after the last quarter alone saw a 46% drop in phone revenue, slightly better than the 49% drop in the quarter before that.
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