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Microsoft Paying Nokia More Than a Billion for the Manufacture of Windows Phone 7 Devices

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Microsoft Paying Nokia More Than a Billion for the Manufacture of Windows Phone 7 Devices

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While this may me confirmed on many levels, it still remains to be clarified. Bloomberg claims that it has two sources involved deeply in the process citing that there is a flow of $$ from Redmond to Espoo which is in excess of $ 1 billion, directed towards the manufacture of mobile phones holding the MS phone OS. It calls for Microsoft to pay a portion of the agreement before the final merger this year along-with Nokia sending cash in the other direction for device licenses.

Talk about holding the key and the lock in the same hand, still wondering why Nokia didn’t choose Android?

 

[Bloomberg Businessweek]

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Bharat Nagpal
Founder and Chief Editor of iGyaan. Bharat likes to keep on top of technology ! Follow Him on Google Plus : Google+