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Shipments of Nokia’s OZO scheduled to begin by Q4 2015

The ultimate virtual reality camera from Nokia, set to be a success in the market, will be available to the public by Q4 2015

Nokia makes a comeback with the most advanced and futuristic VR camera on the market for professionals, the OZO.

In 2007, Nokia was excelling in the global market as the biggest Smartphone maker in the world. However, with the launch of the iPhone that same year along with the Android phones, Nokia’s phones fell behind with their Windows Phone software.

In April 2014, Microsoft bought Nokia’s handset business at $7.6 billion. Nokia said it planned to focus on network infrastructure and “advanced technologies”.

Technologies, unveiled its first product, a 360-degree 3D VR camera, attracting many from Hollywood’s production community.

The OZO is the next-generation camera for capturing audio and video in 360 degrees. Nokia intends for the device to become the default mode of shooting virtual-reality experiences for Hollywood, the media and the advertising industry.

Pricing for the OZO has not been announced but shipments are scheduled to begin Q4 2015.

“VR is one of our core strategies,” Nokia Technologies’ president Ramzi Haidamus told The Hollywood Reporter.

“We have been exploring what markets are being disrupted and matching them with some of our advanced projects. This hit perfectly from a timing perspective,” he added.