Foxconn is now the owner of Microsoft’s feature phone division

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Microsoft has finally confirmed that the company is selling its feature phone division to FIH Mobile Ltd., a subsidiary of Hon Hai/Foxconn Technology Group, and HMD Global, Oy for $350 million. As a part of this deal, Microsoft Mobile Vietnam, the company’s manufacturing facility in Vietnam, will also come under FIH Mobile. Once the agreement is done, almost 4,500 company employees will get the opportunity to work with FIH Mobile Ltd. or HMD Global, Oy,