Microsoft leaves feature-phone business as Nokia moves back in, sort of

Nokia is back in the mobile phone business, after a fashion.It has granted HMD Global an exclusive, 10-year license to the famous brand, allowing the Finnish startup to sell Nokia mobile phones and tablets.Meanwhile Microsoft, which bought Nokia's mobile phone activities in 2013, is finally getting out of the feature-phone business, selling its remaining interests in the Nokia brand and its Vietnamese phone factory to HMD and to FIH, a subsidiary of contract manufacturing giant Foxconn, for arou