Microsoft has announced that it is selling off the Nokia feature phone division that it acquired when it bought out Nokia’s mobile phone business.
The business is being sold to FIH Mobile LTD which is part of smartphone manufacturing giant Foxconn, the company will pay Microsoft $350 million for their feature phone business.
Microsoft has said that it will continue to develop smartphones and also work with partners to develop Windows 10 Mobile devices.
The company is rumored to be working on a new Surface Phone which is expected to launch early next year.
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