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Microsoft offloads Nokia feature phone business to Foxconn for $350M
Microsoft is selling the feature phone business it acquired from Nokia back in 2013 to a subsidiary of Chinese manufacturer Foxconn for $350 million, it announced today. At the same time former owner Nokia said it has inked a deal to license its brand to HMD Global, a new Finnish company run by ex-Nokia and Microsoft devices staff, to “create a new generation of Nokia-branded mobile… Read More
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Nokia buys France’s Withings for €170M to ramp up in health tech and IoT
Nokia’s history as the world’s biggest mobile phone maker is becoming a distant memory, but it’s not out of the gadget business just yet. To build out its health technology business, the company today announced that it has acquired Withings, makers of smart scales, activity trackers, and other health gadgets. Withings is based out of France, and with Nokia in Finland,… Read More
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Highlights From Mobile World Congress 2016
This week, we went to Barcelona for Mobile World Congress 2016. We covered a panel about mobile ad blocking, Mark Zuckerberg talked about Free Basics and encryption, Samsung announced the Galaxy S7 and S7 Edge, we went hands on with the modular LG G5, and oh, by the way, tablets are dead. Here’s everything you need to know from the event. Read More
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Nokia: We’re In No Rush To Get Our Brand Back On Phones
After exiting the smartphone market dramatically by selling its mobile making division to Microsoft for $7.2 billion back in 2013, Nokia has hinted it is looking to return to the smartphone business by a different route — taking advantage of a clause in its sale agreement that allows it to use the Nokia brand on handsets again starting from this year. Read More
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What New Mobile Hardware To Expect At MWC 2016
Mobile World Congress, the biggest tradeshow specifically focused on mobile, kicks off in just over a week’s time in Barcelona so here’s a quick rundown of some of the big hardware-focused announcements we’re expecting to land during the best part of a week of fully mobile-focused news… Read More
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Microsoft Will Never Give Up On Mobile
When Microsoft announced its wrenching $7.6 billion write-down last week, it was easy to presume that the company was giving up on mobile. At the very least, the financial avalanche sent a strong signal that Windows phone in its current guise has failed in a major way. Read More
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Electrovibration: Bringing Tactile Back
Only the most committed Luddites truly mourned the demise of the feature phone. Compare Nokia’s classic 3210 with the latest iPhone and you’d have to be metabolizing a terminal dose of nostalgia to claim the former was the better device. But there’s one aspect of those old 90s handsets that is objectively better than modern touchscreen devices: the buttons. Read More
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How The Tech Pendulum Swings
Microsoft announced another bunch of job cuts today, primarily in the phone-making division which it acquired from Nokia in a 2013 deal which completed last year. Shrinking headcount in this division was something Redmond started doing a year ago, soon after gaining full control. Read More
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Microsoft Writes Down $7.6B Of Its Nokia Acquisition, Announces 7,800 Layoffs
Microsoft’s signaled and expected goodwill impairment, relating to its previous purchase of the majority of Nokia’s hardware assets, took place this morning — with the software company erasing $7.6 billion from its books. Nokia Confirms Plan To Return To Phone Market In 2016
So much for terse denials. Former world number one mobile maker Nokia, which sold its device making unit to Microsoft last year, is indeed intending to get back into the mobile game next year — when a Microsoft contract clause that currently prevents it from putting its brand name on handsets lapses. Read More
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