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.Management Sciences
A. Microsoft
B. Google
C. Yahoo
D. Apple
On September 2, 2013, Microsoft announced that it was buying out Nokia’s devices business for $7.2 billion. Microsoft had the license to use Nokia name on its smartphones only till 2016.
On 18 May 2016, Microsoft Mobile sold its Nokia-branded feature phone business to HMD Global, a new company founded by former Nokia executive Jean-Francois Baril, and an associated factory in Vietnam to Foxconn’s FIH Mobile subsidiary.
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