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NOKIA SHUTS DOWN ITS OZO VR DEPARTMENT [NOKIA NEWS]

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https://www.techforsolution.com/blog/2017/10/10/nokia-shuts-down-its-ozo-vr-department-nokia-news/

 Nokia determined to forgoing the transportable sector and choose a web of Things with the acquisition of Withings in 2016. It additionally had the Ozo VR 360-degree camera, however that’s currently canceled as a result of slower-than-expected development of the market. the corporate declared it’s shifting focus from VR to digital health and growing complete and technology licensing.In a statement to the media, Nokia aforementioned the arrange is to scale back investments and halt development of more versions of the OZO VR camera and hardware. this can have an effect on 310 of all 1090 staff principally in European country, the us, and therefore the uk.The VR market sure isn’t as hot as Nokia might need needed, however the dearth of interest towards their device might need one thing to try and do with the value tag of $45,000 instead of a general issue