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Nokia, whose main business is now telecoms network equipment,
started selling the camera earlier this year as the first device
to be produced for its digital media business, one of its new
hopes for future growth.
Having launched the device at $60,000 in the United States and
Europe, Nokia has now priced it at $45,000, saying it was also
taking the camera to the Chinese market next month.
The spherical camera features eight sensors and microphones and
is designed for making 3D movies and games that can be watched
and played with virtual reality headsets.
Nokia said the virtual reality market was developing quickly and
the new price reflected that.
Last year, GoPro introduced a VR camera system using Google's
software, while several other technology companies such as
Facebook and Samsung have also announced new products.
Nokia, known for its once-dominant phone business which it sold
to Microsoft in 2014, is also bringing its name back to the
handset market after a new company backed by its former
executives teamed up with Foxconn to buy the rights to the
brand.
(Reporting by Jussi Rosendahl; Editing by Greg Mahlich)
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