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360-degree OZO virtual reality camera by Nokia

Nokia has been trying to reinvent itself with its high-end, 360-degree OZO virtual reality camera, and it’s opening a major avenue for expansion by bringing the product to China. As part of the deal, Nokia (NYSE:NOK) has announced a new price point. The camera originally sold for $60K, with the company offering $15K discounts to individuals and early adopters. That discounted rate of $45K will now be the new normal.