Microsoft is now selling Nokia Brand and Feature Phone Business to Foxconn for $350 million. As reported by us earlier, Microsoft is likely to sell its Feature Phone Business to Foxconn along with Nokia Brand.

Microsoft will continue to develop Windows 10 Mobile and support Lumia phones such as the Lumia 650, Lumia 950 and Lumia 950 XL, and phones from OEM partners like Acer, Alcatel, HP, Trinity and VAIO

Now Microsoft has made announcement official. The company is finally selling Nokia Brand along Feature Phone Business to Foxconn for only $350 million. It is worth mentioning that Microsoft has killed Nokia with their poor ideas and less effort towards mobile business.

Microsoft’s Manufacturing unit in Vietnam is now also acquired by Foxconn. It is worth mentioning that, Microsoft will continue to make Lumia smartphones, the has sold Feature Phone Business to Foxconn not Lumia phone business.

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Mayank Parmar

Mayank Parmar is an entrepreneur who founded Windows Latest. He is the Editor-in-Chief and has written on various topics in his seven years of career, but he is mostly known for his well-researched work on Microsoft's Windows. His articles and research works have been referred to by CNN, Business Insiders, Forbes, Fortune, CBS Interactive, Microsoft and many others over the years.