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Nokia to Shutter Vertu Business in Japan

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Jul 1, 2011, 1:16 PM   by Eric M. Zeman

Reuters today reports that Nokia plans to fully end its presence in the Japanese market by the end of August. Nokia had already ceased selling its line of S40 and Symbian handsets there, but left its high-end Vertu business intact. Citing difficulty in selling the expensive Vertu phones in a market crowded with more capable smartphones, Nokia will cease offering Vertu services when its current contract with NTT DoCoMo ends next month. Its offices will remain open through the end of 2011, and it will then close up shop completely.

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