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Nokia prices its new Ozo virtual reality camera at $60,000

After unveiling its Ozo virtual reality camera in July, Nokia has revealed that it will cost $60,000, with shipments beginning in Q1 2016 - but the company has no plans to launch its own VR headset.

Since offloading its devices and services business onto Microsoft last year, Nokia hasn't entirely turned its back on hardware - but it is doing things very differently this time around. Its first Android tablet, the N1, is built, sold and supported by Foxconn - and the Finnish firm has said it is seeking a similar arrangement for its new smartphone, due next year.

But earlier this year, Nokia unveiled a very different type of device: the Ozo. A surprising departure from the company's mobile hardware, the Ozo is a virtual reality camera designed for content creators and movie makers - and now it finally has an official price tag.

The device will be priced at $60,000 when shipments begin in Q1 2016. That might sound like a lot of money for a camera, but this is highly specialized professional equipment, not intended for the casual buyer.

Despite Nokia's efforts in creating a virtual reality camera, don't expect it to come to market with its own Oculus-style VR headset. Paul Melin, Nokia VP of digital media, told SlashGear that the company has "no plans to enter the head-mounted display business", but intends "to partner with the entire ecosystem and be compatible with all platforms."

A range of Ozo accessories will also be offered, including a combined battery module with attached 500GB SSD 'media module', which can capture around 45 minutes of footage at 30fps, priced at $5,000.

Source: SlashGear

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