For Microsoft, the phone woes just keep coming.
On Wednesday, the software titan said it would unload its low-end phone operations for $350 million to a Finnish startup and a unit of Chinese manufacturing giant Foxconn, which aims to revive the once popular Nokia consumer brand. Remember, Microsoft bought Nokia's mobile devices business for $7.2 billion (yes, billion) in 2014.The most intriguing bit of Microsoft's announcement is its language about Lumia phones. The company said it would continue to support existing Lumia phones, the Windows Mobile 10 software and its partner devices. But there was no word on future devices, suggesting an end to the Lumia line, which started as a Nokia showpiece. A spokeswoman declined to elaborate beyond the statement.
On Wednesday, the software titan said it would unload its low-end phone operations for $350 million to a Finnish startup and a unit of Chinese manufacturing giant Foxconn, which aims to revive the once popular Nokia consumer brand. Remember, Microsoft bought Nokia's mobile devices business for $7.2 billion (yes, billion) in 2014.The most intriguing bit of Microsoft's announcement is its language about Lumia phones. The company said it would continue to support existing Lumia phones, the Windows Mobile 10 software and its partner devices. But there was no word on future devices, suggesting an end to the Lumia line, which started as a Nokia showpiece. A spokeswoman declined to elaborate beyond the statement.
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