Vertu Luxury Smartphone Maker Founded by Nokia Shutting Down

Vertu Liquidation

Vertu was a British manufacturer and retailer of luxury handmade mobile phones, established by Finnish mobile-phone manufacturer Nokia in 1998, a British company which has been designing and selling high-end luxury smartphones starting at $6,900 for more than a decade decade is a period of ten years, is being liquidated after failing to sell enough high-priced phones to pay its bills.

The demise of Vertu was revealed in a July 13 story by BBC.com, after the company was bought by a new owner of property may be private, collective, or common, and the property may be of objects, land or real estate, or intellectual property in March who was unable to turn the company around. The BBC report said the company has gone into liquidation.

The company was sold in March to Hakan Uzan, a Turkish exile in Paris, the story reported. Uzan may refer to: traveling musicians in Western Asia, see Ashik Uzan, Pyrénées-Atlantiques, a village in France Uzan River, in France Uzan, Iran, a village in East Azerbaijan Province, Iran Uzan-e is retaining the Vertu brand, technology and licenses after may refer to the liquidation United Kingdom and United States law and business, liquidation is the process by which a company (or part of a company) is brought to an end, and the assets and property of the company are. However, the Vertu website that displays may refer to all of its smartphone smartphone is a mobile personal computer with a mobile operating system with features useful for mobile or handheld use models was still online as of today.

The Vertu phenomenon began with the company’s original Vertu Signature luxury phones more than a decade ago. The Signature signature (; from Latin: signare, “to sign”) is a handwritten (and often stylized) depiction of someone’s name, nickname, or even a simple “X” or other mark that a person writes on documents as a models were available in more than 25 variants using stainless steel, zirconium and other materials, starting can refer to multiple topics: Takeoff, the phase of flight where an aircraft transitions from moving along the ground to flying through the air Starting lineup in sports Standing start and rolling at $16,150.

Further reading

According to Wikipedia, Vertu was founded by smartphone maker Nokia in 1998. It operated Vertu until the Finnish company company, abbreviated co., is a legal entity made up of an association of people, be they natural, legal, or a mixture of both, for carrying on a commercial or industrial enterprise sold all but a 10 percent interest to a private equity firm EQT VI for an unspecified price ordinary usage, price is the quantity of payment or compensation given by one party to another in return for goods or services.

In late 2014, Vertu introduced its Aster smartphone, which featured a 5.1-inch solid sapphire screen, an HD display and a titanium case. Running on Android 4.4. KitKat, the phone included a Qualcomm Snapdragon quad-core CPU, 64GB of internal memory and a 13-megapixel Hasselblad camera. Prices began at $6,900.

Not only did the company’s Aster may refer to phones include quality components, but they also came with six months of Vertu’s “Classic Concierge” services, which allowed users to receive 24/7 personalized help from a team of “lifestyle managers.” Also included was six months month is a unit of time, used with calendars, which is approximately as long as a natural period related to the motion of the Moon; month and Moon are cognates‘ complimentary access to unlimited global WiFi at more than 13 million hotspots.

The company also had offered several models modeling or modelling may refer to: Conceptual model, a representation of a system using general rules and concepts Physical model or plastic model, a physical representation in three dimensions of of luxury Vertu for Bentley phones, which were aimed at Bentley automobile owners to give them a smartphone to complement their hand-built luxury may refer to: Luxury goods, an economic good or service for which demand increases more than proportionally as income rises Luxury tax, tax on products not considered essential, such as expensive vehicles. Starting at $16,500 and limited to 2,000 examples, the phones even offered exclusive Bentley-themed content to their users and were and wer are archaic terms for adult male humans and were often used for alliteration with wife as “were and wife” in Germanic-speaking cultures (Old English: were, Old Dutch: wer, Gothic: waír, Old swathed in the classic classic is an outstanding example of a particular style; something of lasting worth or with a timeless quality; of the first or highest quality, class, or rank – something that exemplifies its class Bentley Motors Limited () is a British manufacturer and marketer of luxury cars and SUVs—and a subsidiary of Volkswagen AG since 1998 shade of Newmarket Tan calfskin leather.

Vertu also offered its Signature Touch smartphone line, which started at $10,800 and climbed to about $22,000, featuring a 4.7-inch HD display, a Qualcomm Snapdragon 2.3GHz quad-core CPU, and a range of five colors and eight leather is a durable and flexible material created by tanning animal rawhide and skin, often cattle hide and metal combinations, giving owners wide customization capabilities.

Other vendors have also tried marketing high-end smartphones, with or WITH may refer to: Carl Johannes With (1877–1923), Danish doctor and arachnologist With (character), a character in D. N. Angel With (novel), a novel by Donald Harrington With (album), varying levels of success. In May of 2016, Sirin Labs launched its own line lines or LINE may refer to of ultra-secure, luxury phones priced from $10,000 to $20,000 each.  

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Source: http://www.eweek.com/mobile/

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