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Author: Ville Ukonaho
Publication Date: Oct 10 2017
Pages: 4
Report Type: Insight, Word

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Report Summary:

On the 10th of October 2017 Nokia announced that it will stop the development of its industry leading professional virtual reality 360 degree camera OZO. Nokia justified the decision by citing a slower than expected take off in demand for virtual reality content. This is a big blow to the professional VR camera industry where OZO has been one of the leading devices in what is a nascent but fast growing industry.

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