Nokia has been searching for new businesses to break into ever since it retreated from the smartphone business. And after a few years of research, the Finnish company decided to move into virtual reality 360-degree capture cameras.
The company launched its groundbreaking Ozo in March for $60,000, and then it cut the price to $45,000 in August. It is now shipping the devices in a number of markets, and it is rolling out software and services to stoke the fledgling market for VR cameras.
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