Nokia strongly back to the smart phone market.
Alent Microsoft Corporation Back Nokia phones to smart phone market after agreeing to sell the rights to use the brand "Nokia" to Chinese subsidiary of Foxconn.
Microsoft has revealed that it has signed a license agreement exclusively a ten-year contract with the Finnish company "HMD Global" newly founded, and of the company "Foxconn" the manufacturer of the iPhone and another large number of own other companies smart phones, aimed at smart phones and computers manufacture a tablet bearing the Nokia brand, which means the return of the largest producer of smart phones in the world market soon and will support the Android operating system.
Microsoft said it has sold the mobile phone sector in exchange for $ 350 million to the company "HMD global" and "FIH Mobile" a branch of the company "Foxconn" Taiwanese.
The company said "HMD global" it would invest $ 500 million over the next three years to develop and promote products, and Foxconn will manufacture products Nokia will get the franchise fees undisclosed percentage of sales, including covers trademark rights and intellectual property.
And will move more than 4,500 employees from Microsoft to "FIH Mobile" or "HMD global" according to the needs of the two companies, Microsoft also will transfer all assets related to mobile is smart, including the brand Nokia, software and network services, and other assets such as contracts with customers and agreements supply my company to "FIH Mobile" and "HMD global".
Microsoft has revealed that it has signed a license agreement exclusively a ten-year contract with the Finnish company "HMD Global" newly founded, and of the company "Foxconn" the manufacturer of the iPhone and another large number of own other companies smart phones, aimed at smart phones and computers manufacture a tablet bearing the Nokia brand, which means the return of the largest producer of smart phones in the world market soon and will support the Android operating system.
Microsoft said it has sold the mobile phone sector in exchange for $ 350 million to the company "HMD global" and "FIH Mobile" a branch of the company "Foxconn" Taiwanese.
The company said "HMD global" it would invest $ 500 million over the next three years to develop and promote products, and Foxconn will manufacture products Nokia will get the franchise fees undisclosed percentage of sales, including covers trademark rights and intellectual property.
And will move more than 4,500 employees from Microsoft to "FIH Mobile" or "HMD global" according to the needs of the two companies, Microsoft also will transfer all assets related to mobile is smart, including the brand Nokia, software and network services, and other assets such as contracts with customers and agreements supply my company to "FIH Mobile" and "HMD global".
Post a Comment