Nokia doesn’t play VR. The Tech department specializes in royalties

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On October 12, 2017 by Nokia Wallpapers
Nokia doesn't play VR. The Tech department specializes in royalties

Nokia doesn’t play VR. The Tech department specializes in royalties

If one of the hottest topics in the science circle this year is not “artificial intelligence”, then one of the hottest topics of last year is, do you remember? That is VR (virtual reality), a moment of the major companies in the field of VR, as if you do not point to the VR-related things, you will be the technology circle out, however, VR did not imagine the development of that is not fast.
Nokia announced in Tuesday it plans to lay off up to 310 people from its Nokia Technology Division (Technologies) and suspend the development of virtual reality camera “Ozo” and other related hardware, Reuters reported. Nokia also said: “The development of the VR market is slower than expected, meaning the Nokia technology sector will cut investment and focus more on technology licensing opportunities.”
In addition, Nokia said the post-layoffs of the Nokia technology sector will continue to focus on digital health and Patent and brand licensing business.

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