News Microsoft Sells Nokia Feature Phones Business

Microsoft is pulling out of the "feature" phones business.

But its Nokia-branded handsets - which are powered by the Series 30+ operating system, making them less powerful than its Lumia Windows phones - will continue to live on.

The division that makes them has been acquired by HMD Global, a new private equity-backed firm, and Foxconn subsidiary FIH Mobile.

Nokia said it had signed a 10-year deal for them to continue using its name.

"Feature phones were never a core part of Microsoft's strategic aim behind the purchase of Nokia's devices business," commented Ian Fogg from the IHS Technology research team.

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