Nokia - Microsoft Mobile sold its Nokia-branded feature phone business to HMD Global
Time: Wednesday May 18, 2016
Place: Espoo, Finland
Details: On 18 May 2016, Microsoft Mobile sold its Nokia-branded feature phone business to HMD Global, a new company founded by former Nokia executive Jean-Francois Baril, and an associated factory in Vietnam to Foxconn's FIH Mobile subsidiary. Nokia subsequently entered into a long-term licensing deal to make HMD the exclusive manufacturer of Nokia-branded phones and tablets outside Japan, operating in conjunction with Foxconn. The deal also granted HMD the right to essential patents and featurephone software.
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On This Day - 18 May
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Friday May 18, 1291 - Acre
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Tuesday May 18, 1565 - Malta
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Thursday May 18, 1848 - Central Europe (Present-Day Frankfurt, Germany)
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Monday May 9, 2016 - Austin, Texas, U.S.
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Monday May 9, 2016 - Anningzhuang Rd, Haidian District, Beijing, China
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