Microsoft Targets Cheaper Phones for Global Internet Growth


Microsoft Corp. (MSFT), under new Chief Executive Officer Satya Nadella, will accelerate a push into mobile software, joining forces with hardware manufacturers and Qualcomm (QCOM) Inc. to develop cheaper phones for emerging markets. Microsoft said yesterday it’s working with Qualcomm on a low-cost phone design that developers and handset makers can use to build their own devices, and added partners including Lenovo Group Ltd. to make Windows smartphones. Nokia Oyj (NOK1V), whose mobile-phone business will become part of Microsoft, unveiled lower-priced handsets at the Mobile World Congress in Barcelona today.…

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