Baku - APA-Economics. Microsoft Corp (MSFT.O) said on Wednesday it will trim down its smartphone business by cutting 1,850 jobs, most of them in Finland, and write down $950 million from the operation Reuters reported.
Microsoft said it will continue to develop Windows 10 Mobile platform and support its Lumia smartphones, but declined to say whether it would develop new phones.
"We are focusing our phone efforts where we have differentiation," said chief executive Satya Nadella in a statement.
"We will continue to innovate across devices and on our cloud services across all mobile platforms."
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