Sentences with phrase «feature phone business»

It took over the Nokia feature phones business in December and has a licensing deal giving it sole use of the Nokia brand on all phones and tablets.

The FIH Mobile company has acquired the Microsoft features phone business and as well as their factories.

On Wednesday evening, HMD Global, the Finnish company that acquired Nokia's feature phone business last year, unveiled the first flagship Android phone under the Nokia brand.

Finnish company HMD will bring a new generation of mobile phones to consumers, with the first smartphone products set to be launched in the first half of 2017, alongside the existing Nokia branded feature phone business.

Foxconn's subsidiary, FIH Mobile, is taking over the remainder of Nokia's former feature phone business from Microsoft, and has an agreement with HMD and Nokia to «support the building of a global business for Nokia - branded mobile phones and tablets».

Just last week, Microsoft announced it was selling off its low - end feature phone business, coinciding with the announcement that the Nokia brand would be returning to the mobile scene.

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.

But HMD isn't relying simply on goodwill and the Nokia feature phone business, which it also acquired in its 10 - year exclusive licensing arrangement with Nokia Oyj, as its key ingredients for success.

«For Microsoft, it doesn't make much sense to continue with a feature phone business.

Microsoft has technically sold its feature phone business back in May, but Foxconn's acquisition isn't confirmed yet, so here's the Nokia 216.

«On the other hand, this is just one classic feature phone of many that HMD Global now has under its roof since it bought Microsoft's feature phone business,» she told TechNewsWorld.

The launch is the first major Nokia phone product introduction since Microsoft agreed last year to sell the feature phone business it had acquired from Nokia to HMD and FIH Mobile for $ 350 million.

With pre-existing relationships to retailers and carriers, a highly experienced management team, one of the strongest brands in the telecommunications industry, strategic partnerships with the likes of Google, Foxconn and Nokia itself, and an aggressive global approach supported by a still significant, if steadily declining, feature phone business, HMD Global may just be able to pull off the resurrection of the decade.

However, Microsoft eventually sold off the feature phone business, the Windows Phone operating system's popularity did not go to plan, and the firm eventually said it would continue to support, rather than manufacture, these devices, and has since focused on the Surface range.

Last year, Microsoft Mobile announced the sale of its feature phone business, described as an «unwanted extra» to HMD Global, a Finland - based company made up of mostly ex-Nokia staff.

Interestingly enough, HMD will be run by Arto Nummela as CEO, who previously held senior positions inside of Nokia and is currently Microsoft's Mobile Devices Head for Greater Asia, Middle East and Africa, as well as the head of the company's feature phone business.

Microsoft has been winding down its feature phone business over the past couple of years.

This deal will only affect Microsoft's feature phone business, which is currently still using the Nokia brand for basic phones.

Microsoft is selling its feature phone business to FIH Mobile, a subsidiary of Foxconn, for $ 350 million.

Earlier today Microsoft announced it was selling off its remaining assets in the feature phone business, in a deal with Foxconn valued at $ 350 million.

Microsoft themselves even announced that they had formative plans to sell its feature phone business to a Foxconn subsidiary for $ 350 million, which may also mean that we have potentially seen the last of the colourful and promising range of Lumia devices.