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Microsoft Sells Off Feature Phone Business For $350 Million

Microsoft has reached an agreement to sell the company’s entry-level feature phone assets to FIH Mobile, a subsidiary of Hon Hai/Foxconn Technology Group, and HMD...

HP, Foxconn Ink Server JV

HP and Foxconn have inked a joint venture agreement to create a line of cloud-optimized servers specifically targeting service providers. The line will complement HP’s existing ProLiant server portfolio, including Moonshot. Under the terms of the agreement, the two companies are forming a non-equity joint venture, in the form of a strategic commercial agreement.

Hon Hai Looking For A New CEO

Taiwanese contract assembler Hon Hai is looking for a successor to chairman and chief executive officer Terry Gou. The company has set up a think-tank led by Dr. Steven Yang, head of one of the main divisions at the Taiwan Institute of Economic Research, according to a Reuters report by Michael Gold, citing a company spokesperson.

Intel Introduces New Atom Processors

Intel introduced two new Atom processors, as well as an LTE-Advanced communications platform, at the Mobile World Congress.  Renee James (President, Intel): The continued growth of...

Intel Inks Device Agreements With Lenovo, Asus, Foxconn, Dell

Intel has signed three new multiyear agreements with Lenovo, Asus, and Foxconn for Intel-based mobile devices. Dell and Intel are also expanding a long-standing collaboration...