Recent News

SINGAPORE, 25 May 2016 — Microsoft Corp. on Tuesday announced it has awarded Affordable Access Initiative grants to four entrepreneurial businesses in Asia, out of 12 partners globally. They include AirJaldi and Zaya Learning Labs from India; Kelase from Indonesia; as well as Wi-Fi Interactive Network from Philippines. The grants will help scale their solutions and business models to increase affordable Internet access in communities around the world. Each company will receive seed grants, and resources including Microsoft BizSpark tools such as free software, services and technology support to help extend the reach of their hardware, applications, connectivity and power solutions.

REDMOND, Wash. — May 18, 2016 — Microsoft Corp. on Wednesday announced it reached an agreement to sell the company’s entry-level feature phone assets to FIH Mobile Ltd., a subsidiary of Hon Hai/Foxconn Technology Group, and HMD Global, Oy for $350 million. As part of the deal, FIH Mobile Ltd. will also acquire Microsoft Mobile Vietnam — the company’s Hanoi, Vietnam, manufacturing facility. Upon close of this deal, approximately 4,500 employees will transfer to, or have the opportunity to join, FIH Mobile Ltd. or HMD Global, Oy, subject to compliance with local law.