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Foxconn: buys Microsoft’s mobile plants in Vietnam


Foxconn: buys Microsoft’s mobile plants in Vietnam

Microsoft has lost billions of dollars from the acquisition of Nokia and the subsequent fall, but a major issue is the jobs that will be lost by people who worked in the factories were making phones.

The Microsoft about this issue said it would close its factories in Vietnam, factories used by Nokia to build phones and then Microsoft. The Foxconn has agreed to buy the part feature phone from Nokia, which it was in Microsoft’s hands at the cost $ 350 million. The positive developments that agreed with Microsoft to buy Microsoft’s factories in Vietnam to about $ 22 million.

This agreement will bring Foxconn in place that will enable the direct production of feature phones in Vietnam, while the agreement is expected to be finalized before the end of the year. However from when Microsoft bought the mobile division of Nokia employees in this piece had already decreased by 18,000 people, so this agreement is in the right direction since it would at least maintain existing jobs.

factory-worker-570 Foxconn: buys Microsoft's mobile plants in Vietnam

Foxconn buys Microsoft Mobile Plants in Vietnam

Source: MSPowerUser

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Hey Guys i am from Koppal, Karnataka. I love to blog things relating to tech specially Apple and Google. A Gadget Lover and Owns a Tech Store "digital point"



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