Microsoft to Cut 1,850 Smartphone Workers
Microsoft today said it plans to further streamline its smartphone business, an action that includes job cuts and restructuring charges. The company plans to cut 1,350 jobs from its facilities in Finland, as well as another 500 jobs globally. The company expects to take a charge of about $950 million, of which $200 million will be used for severance packages. "We are focusing our phone efforts where we have differentiation — with enterprises that value security, manageability, and our Continuum capability, and consumers who value the same," said Satya Nadella, Microsoft's CEO. "We will continue to innovate across devices and on our cloud services across all mobile platforms." Microsoft says it expects to complete most job cuts by the end of this year and all cuts by July 2017. Sales of Windows 10 Mobile phones began in late 2015, but the platform has lost more ground since then, accounting for just 1% of smartphone sales during the first quarter, according to Gartner. Microsoft recently sold its feature phone business to a Foxconn subsidiary, and Nokia recently gave that same subsidiary the rights to use its brand on mobile devices. This paves the way for Nokia to make a return, of sorts, to the mobile phone business.
Lumia 950 is Microsoft's Flagship Windows 10 Phone
Oct 6, 2015
Microsoft today announced the Lumia 950 and Lumia 950 XL, its own flagship phones for its new OS, Windows 10. The phones support Windows Continuum for an optional full Windows Desktop experience when connected to a desktop monitor.
Microsoft's Lumia 950 Hits AT&T Stores November 20
Nov 16, 2015
AT&T today said the Microsoft Lumia 950 smartphone will be available online Nov. 17 and in stores Nov.
Nokia Pins Smartphone Comeback on HMD Global
Dec 1, 2016
Nokia today said it plans to return to the smartphone business during the first half of 2017 through its partnership with HMD Global. HMD Global recently completed a series of transactions between HMD, FIH Mobile Limited, and Microsoft that will allow it to make phones bearing the Nokia brand.
Foxconn to Buy Belkin for $866 Million
Mar 27, 2018
Foxconn says it has agreed to acquire Belkin International for $866 million in cash. Foxconn, a unit of Hon Hai Precision, is most widely known for manufacturing iPhones for Apple.
Nokia-Branded Phones to Make a Comeback
May 18, 2016
Nokia and Microsoft today put in motion a series of deals that will eventually lead to Nokia-branded handsets returning to the market. Microsoft has agreed to sell its feature phone business to FIH Mobile Limited, a subsidiary of Foxconn, for about $350 million.
In other words
That said, because now "Windows Phone" is "Windows 10 Mobile", and Windows 10 Mobile IS Windows 10, Windows 10 Mobile will be supported and further developed for years to come. W10M is completely v...