Nokia plans to bring its Vertu luxury brand to Japan, is poised to fail
Japan has always been a tough market crack for Nokia, the world’s biggest cell phone manufacturer. While the Finnish company boasts a 40 percent share of global handset sales, this figure has been...
View ArticleNokia gives up Japan (almost), will possibly focus more on China and India
Nokia, the world’s leading mobile phone maker, announced it would stop selling and marketing its handsets in Japan because the market share remained flat over too many years (hovering at around 1% vs....
View ArticleMoney burning a hole in your pocket? How about a $30,000 Vertu cellphone...
Ah, Russia. Home to a well-olied kleptocracy, Andrei Arshavin and, apparently, incredibly wealthy people who don’t know what to do with their money. (See: Roman Abramovich et al.) As such, we really...
View ArticleVertu opens uber-awesome flagship store in Tokyo
In November 2008, Nokia gave up Japan (where its market share hovered around a mere one percent for years) but now comes back with Vertu Japan [JP], its luxury brand. Vertu today opened a flagship...
View ArticleYeah, this Vertu concept looks better than most of the ‘real’ phones out there
Apparently this phone is getting ready for a big Muay Thai match. It’s a Vertu—“vertu” is “virture” in French!—designed by one Norihiko Inoue. No, you cannot buy it, I just thought it looked neat. Read...
View ArticleNokia starts offering VERTU mobile phone services in Japan
Japan is a tough market to crack for many non-Japanese cell phone makers, and even the world’s leading cell phone maker, Nokia, had to give up its Japan operations after having failed to gain a...
View ArticleShow your love for overpriced mobile phones with the Vertu V Collection
You know the Vertu phones, right? The over-priced Nokias sold in watch stores and casinos? Well, soon there will be over-priced accessories sold along side them in a pen, Bluetooth headset, and microSD...
View ArticleIn a stroke of genius, Vertu preps pink phone for Valentine's Day
Vertu, French for “virtue,” has a pink phone just in time for Valentine’s Day. It’s the Constellation Ayxt only it’s pink. Fascinating. Read More
View ArticleVertu to sell 4 golden cell phones in Japan (price: $215,000 each)
Nokia pulled out of Japan, one of the world’s biggest mobile markets, as early as November 2008. But because this country is quite wealthy, the Finnish company decided to conquer Japan with their...
View ArticleVertu makes a video explaining why we can't afford their phones
Got $310,000 to spend on a phone like the Vertu Signature Cobra? No? Hm. How about $83,000, for the Vertu Signature Diamond. Still no? Well, crap. Oh! Okay, here: how about somewhere between $4,000 and...
View ArticleNokia Says Sayonara To Japan – Again
That was a long sayonara: in November 2008, Nokia decided to pull the plug on their Japan operations, at the same time announcing they will re-enter the market with their luxury sub-brand Vertu. They...
View ArticleNokia Is Looking To Sell Its Luxury Phone Subsidiary Vertu
As Nokia struggles to establish itself as a worthy competitor to Apple and the Android bulldozer in the smartphone segment, the company is looking to sell off its wholly-owned luxury phone brand Vertu,...
View ArticleNokia Considering Selling Fancy-Pants Vertu Line
Reuters is reporting that Nokia is exploring selling the Vertu phone line to holding company Permira for $264.26 million, freeing itself from the difficult process of selling phones no one wants to...
View ArticleNokia May Sell Luxury Phone Brand Vertu For €200 Million
Nokia is reportedly in talks with a private equity group called EQT in an attempt to sell off its independent subsidiary, Vertu. Vertu is an ultra-luxury phone brand operating independently within...
View ArticleChinese Servant Gets 10 Years In Jail For Stealing Overpriced Nokia Vertu...
Here's a sad, and slightly ridiculous, coda to the story of Vertu, Nokia's wrong turn into making bling-tastic handsets encrusted with diamonds and gold: a servant in China convicted of stealing one...
View ArticleSource: Former Nokia Vet Anssi Vanjoki Will Be CEO Of EQT-Owned Vertu,...
Word has come through that Nokia has completed its sale of luxury phone brand Vertu to EQT VI. But TechCrunch has heard sources that Anssi Vanjoki, the 20-year Nokia veteran who resigned back in 2010,...
View ArticleLuxury Phone Brand Vertu Launches Its First Android-Powered Handset — For...
Vertu, the formerly-owned-by-Nokia maker of eye-wateringly expensive, leather-clad, gem-encrusted, handmade-in-the-U.K. 'luxury' smartphones, has launched its first Android-powered device: the Vertu...
View ArticleLuxury phone maker Vertu changes hands yet again
Exiled Turkish businessman Hakan Uzan could have picked up around 10,000 averaged-priced Vertu handsets for the amount he reportedly just paid for the company. Though it’s tough to say, really, which...
View ArticleVertu is dead
It’s been a long, downward slide for cellphone maker Vertu. The company, founded by Nokia in 1998, was supposed to be a luxury phone provider to the stars and, to a degree, it delivered. They sold the...
View ArticleCrunch Report | Fastest Drone Ever World Record Set
The world record for the fastest drone is set, an artificial heart is 3D printed and luxury phone maker Vertu shuts down. All this on Crunch Report. © 2023 TechCrunch. All rights reserved. For personal...
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