Due to the slow development of VR, the development of Nokia Spherical panorama camera Ozo 360 was terminated.

Although the spherical panorama camera Ozo 360, which can shoot 360-degree images, was launched in 20 15 to enter the professional virtual reality content production market, Nokia decided to terminate the Ozo 360 product development business ahead of schedule due to the slow development of related markets.

According to Nokia's explanation, because the application development of virtual reality market is still not obvious, it can not bring obvious profits to Nokia at this stage for the time being. Therefore, it is planned to terminate the product development of the original Ozo 360 before the application development of virtual reality technology is truly popularized, and it is also confirmed that about 360 related employees will be abolished.

As far as Nokia is concerned, it is not that the development of virtual reality technology cannot bring obvious profits, but that the development of related technologies is too slow at this stage. Therefore, it may be difficult to bring obvious profits by investing in the development of professional content production tools and solutions, because they cannot be popularized. Therefore, the development focus at this stage will be on the authorization of existing technology patents, the development of 5G networking technology and the previous acquisition of Withings services and other new market layouts.