Microsoft Sells Feature Phone Division To Foxconn, HMD Global - InformationWeek

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5/18/2016
01:05 PM
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Microsoft Sells Feature Phone Division To Foxconn, HMD Global

Microsoft is selling its feature phone business to FIH Mobile, a subsidiary of Foxconn, and HMD Global for $350 million. This also means Nokia will return to the phone business.

(Image: Gregory_DUBUS/iStockPhoto)

(Image: Gregory_DUBUS/iStockPhoto)

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Susan Fourtané
50%
50%
Susan Fourtané,
User Rank: Author
5/30/2016 | 2:51:00 PM
Re: Surprise?
It might be the startup influence. -Susan
nouvomarketing
50%
50%
nouvomarketing,
User Rank: Strategist
5/24/2016 | 12:49:50 PM
Re: Surprise?
It seems like there are only really a couple people in the phone industry who know what they are doing. They sell the technology to a big company who doesn't know what to do next. Then they go and start up another phone business. Build it up. Sell it and repeat..
Susan Fourtané
50%
50%
Susan Fourtané,
User Rank: Author
5/20/2016 | 5:52:13 AM
Re: Surprise?
Meanwhile, Nokia Technologies, one of the remaining Nokia divisions after MSFT aquired the smartphones division, has launched a tablet, the N1, and is coming back to the smartphone business with Nokia branded phones. Quite many people have already said they will get a new Nokia as their next phone. -Susan
Susan Fourtané
50%
50%
Susan Fourtané,
User Rank: Author
5/20/2016 | 5:43:13 AM
Re: Surprise?
jastroff, by the time MSFT bought Nokia's smartphone division it was said that MSFT was going to fail in keeping the phone business alive. -Susan
Susan Fourtané
50%
50%
Susan Fourtané,
User Rank: Author
5/20/2016 | 5:39:37 AM
Re: Surprise?
I am not surprised at all, Whoopty. In fact, I wrote this was going to happen. Analysts ha predicted this as well. -Susan
jastroff
50%
50%
jastroff,
User Rank: Ninja
5/19/2016 | 12:14:07 PM
Re: Surprise?
I'm just somewhat amazed that companies like MSFT, Google, Apple, etc. etc. can keep trying stuff and failing at it -- and they are still going strong. I can't think of an analogy to other big companies of even the 1970s which managed to survive after making so many mistakes, bad investments, etc. 
Whoopty
50%
50%
Whoopty,
User Rank: Ninja
5/19/2016 | 7:27:58 AM
Surprise?
Not hugely surprised at this one. Microsoft hasn't managed to make much of a return on its feature phone investment, even if it did keep it in the smartphone game for a little longer. It's shown much greater success with its Surface line, so focusing in on that makes much more sense than continuing to pour money into a business that isn't really going anywhere.
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