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Nokia plots device comeback in VR, but will have to duke it out with Facebook

The Nokia as we traditionally know it is no more, and the reborn company of today is mainly focused on network infrastructure. However, it still has its Technologies arm for R&D and licensing, and this will give it a continuing influence over the device industry, though patents and also its own new products. It is pinning a core part of its future business strategy on emerging virtual reality (VR) technologies. In the run-up to this week’s National Association of Broadcasters (NAB) event, Nokia has announced the launch of OZO Reality – an updated set of technologies for supporting the delivery, creation and end user experience of VR content. Nokia is hoping to propel uptake of its OZO camera, a $40,000…

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