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Microsoft Foxconn

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Microsoft has inked a deal with FIH Mobile, a Foxconn subsidiary to sell its feature phone business. Microsoft Foxconn deal is reportedly worth $350 …

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In what many regard as a much-anticipated triumph of Microsoft Corp., Foxconn through its parent company Hon Hai has agreed to pay license fees to the US-based giant every time a Microsoft-patent is used in a product that the Tucheng-based company manufactures. Through its various manufacturing units located in Taiwan and across industrial units of China, Hon Hai produces nearly 40 percent of the world’s smartphones, tablets and other devices.

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