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FIH
Mobile, a subsidiary of Hon Hai/Foxconn Technology Co Ltd ,
would also acquire Microsoft Mobile Vietnam as a part of this
deal, Microsoft said.
The company said its 4,500 employees from Vietnam will transfer
to or will have an opportunity to join FIH Mobile or HMD Global
Oy.
Microsoft will transfer all of its feature phone assets,
including brands, software and services, care network and other
assets, customer contracts, and critical supply agreements to
both the companies as a part of the deal.
Microsoft will continue to develop Windows 10 Mobile and support
Lumia phones from OEM partners, the company said.
(Reporting by Sangameswaran S in Bengaluru; Editing by Sunil
Nair)
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