Nokia halts VR camera activities citing slow market growth
Nokia has taken the decision to discontinue its OZO VR camera and hardware production line, due to what it perceives as slow market growth.
In a press release, the company stated that:
“In digital media, the slower-than-expected development of the VR market means that Nokia Technologies plans to reduce investments and focus more on technology licensing opportunities. The unit aims to halt development of further versions of the OZO VR camera and hardware, while maintaining commitments to existing...