Nokia (NOK) Says Vertu Unit Closing in Japan; Nokia Siemens to Continue in Country

July 1, 2011 2:15 PM EDT
Nokia (NYSE: NOK) spokesperson Doug Dawson commented in an interview that Nokia Siemens is closing its Vertu luxury phone unit in Japan.

Nokia Siemens continues to do business in Japan, the closure applies only to Vertu phones.

Nokia Siemens is joint venture between Nokia and Siemens AG (NYSE: SI).


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