Back from our island adventure & playing catch-up.. multiple sources report Vertu will shutter it’s swanky Ginza store: http://bit.ly/nfkkxA

Nokia Says Vertu Luxury Phone Unit Will Close Japan Operations

Nokia Oyj, the world’s biggest handset maker by volume, said its Vertu luxury phone unit is withdrawing from Japan.

“Vertu has made the decision to prioritize certain areas of its business and as a result plans to discontinue its current operations in Japan,” spokesman Doug Dawson said. He said he wasn’t able to immediately provide details.

Nokia stopped selling its main mobile phone lines to Japanese carriers in 2008, Dawson said in an interview. The closure applies only to the Vertu unit, and the Nokia Siemens Networks joint venture will continue to operate normally in Japan, Dawson said.

Related posts:

1. Vertu Flag-Ship Store Opens on Ginza
2. Nokia Slashes R&D in Japan
3. Vertu Handsets Headed for Japan
4. Nokia To Launch MVNO in Japan
5. Vertu Club Japan Launched

Some sage advise when entering new turf; Stop, Look and Listen.. it’s also good to secure a local guide. Japan is the cradle of mobile civilization – we have been dedicated to this space since 2001 – trust our archives here offer some useful material.

Domestic activities continue to set the pace, and sharp players are looking at global markets. We have hard-earned industry expertise and trusted network of contacts with access to advanced intell. and potential deal flow. Need a lift.. Ok, buckle-up!