Ten months after Microsoft wrote-off its Nokia acquisition, the company has now announced that it is effectively out of the consumer phone business. It is cutting 1,850 jobs, and setting aside almost a billion dollars to cover the costs of exiting the business.
Microsoft on Wednesday announced plans to streamline the company’s smartphone hardware business, which will impact up to 1,850 jobs. As a result, the company will record an impairment and restructuring charge of approximately $950 million […]
“We are focusing our phone efforts where we have differentiation — with enterprises that value security, manageability and our Continuum capability, and consumers who value the same,” said Satya Nadella, chief executive officer of Microsoft.
The company recently saw its market share fall below 1%. While Microsoft is – for now – insistent that it has a future in the corporate smartphone business, the reality seems doubtful …
For better or for worse, few companies manage to be as crazy as Samsung. Just a few days ago we showed you their gigantic Galaxy S7 edge-like billboard hulking amid the highways that link Moscow to one of its airports. But as it turns out, there may be some even crazier screen-related tech the Korean company wants to show off.
It may be not an 80m-tall, LED powered panel, but this rollable display (via SlashGear) certainly is a little technological marvel…