Vertu

Metawatch smartwatches aim for luxury with Vertu designer

Metawatch smartwatches aim for luxury with Vertu designer

The group known as Metawatch is now working with a man who formerly created designs for formerly Nokia-owned Vertu brand. This brand was notorious for creating massively-expensive devices made for those wishing to be extremely unique in their styling. Now the designer, Frank Nuovo, is bringing his same high-end tendencies to the little-known watch brand.

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Vertu Constellation smartphone uses sapphire crystal front and Android 4.2

Vertu Constellation smartphone uses sapphire crystal front and Android 4.2

Vertu is a luxury smartphone maker that has been around for a while. Some of the company's devices in the past have been more focused on premium materials and luxury than features when it came to the smartphone itself. Vertu has announced a new Constellation smartphone that offers plenty of luxury and still has modern smartphone functionality, even if the hardware isn't exactly top-of-the-line.

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Vertu drops luxury Windows Phone 8 plans

Vertu drops luxury Windows Phone 8 plans

Luxury smartphone manufacturer Vertu has ditched plans to launch a Windows Phone 8 device, blaming the "complexity" of adopting Microsoft's platform for the decision to focus on Android. The former Nokia-led division, since sold off to a private equity group, revealed the new Vertu Ti earlier this week, a $10k+ Android smartphone clad in sapphire crystal, titanium, and leather; the Ti would have had a Windows Phone sibling, Vertu told ZDNet, if it wasn't for development hassles.

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Vertu TI: Bizarre luxury smartphone with old Android and crazy $20k price

Vertu TI: Bizarre luxury smartphone with old Android and crazy $20k price

Desperate to get on the Android bandwagon but refuse to accept any of the tastelessly-cheap handsets on the market today? Vertu has the device for you: the new Vertu TI, finally ditching Symbian but bizarrely swapping it for an old version of Android. The ridiculously priced - from $9,600, but as much as $19,900 - TI puts Ice Cream Sandwich on a 3.7-inch handset wrapped in sapphire crystal, titanium, and leather.

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Nokia to cut 10,000 jobs, sells Vertu

Nokia to cut 10,000 jobs, sells Vertu

It looks like the downturn in business over at Nokia is finally starting to hit the company. The Finnish smartphone manufacturer has announced that it’s to cut around 10,000 jobs before the end of 2013. As part of the cuts, factories in Germany, Finland, and Canada will all be closed. The company says that it will be “sharpening its strategy” in an attempt to start making money once again.

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Nokia in talks to sell Vertu (again)

Nokia in talks to sell Vertu (again)

Reuters is reporting that Nokia is looking at potential buyers for the luxury phone brand yet again, this time with private equity firm EQT. Sources speaking to Reuters say that Nokia is hoping to take away €200 million (~$250 million). The deal is expected to go through sometime this week, but talks are still ongoing due to the problematic nature of separating the unit from Nokia.

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Nokia close to selling Vertu division

Nokia close to selling Vertu division

There was a glimmer of hope for Nokia recently with the launch of the Lumia 900 in the US, but the recent Q1 financial results paired with new information reminds us that it's very much a struggling company. Nokia is reportedly in talks to sell its UK luxury phone division, Vertu, to private equity firm Permira. It comes after Standards & Poor downgraded Nokia’s credit rating to “junk” status last week.

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Nokia looks to sell luxury Vertu mobile phone brand

Nokia looks to sell luxury Vertu mobile phone brand

Nokia has been operating Vertu since 1998, which is a long time. I always thought that the company couldn't have too many people lining up to purchase mobile phones that lack any smart features selling for upwards of $314,000. My assumption of Vertu not selling well was wrong; it has been outperforming Nokia's other segments.

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Nokia To Exit Japanese Market In August

Nokia To Exit Japanese Market In August

Nokia has already shut down its US and UK online stores and now reports are saying that the company may completely exit Japan by the end of August. The report comes from Japanese newspaper Nikkei, which claims that the company's exit would include closing down its upscale Vertu branded stores in Tokyo's Ginza and Shibuya districts by end of July.

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Nokia is working on new Vertu smartphone

Nokia is working on new Vertu smartphone

Nokia has been busy the last few months since it landed a new CEO. The company has shunned Android, one of the most popular mobile operating systems and instead went with Windows Phone, one of the least popular operating systems around. The company is also hurting badly and has axed a large number of workers, and moved Symbian off to another firm.

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