Imagine paying more than S$34,000 for a phone? Well, it’s hard to imagine that kind of price tag for mortals who already consider the Google Pixel, iPhone and Samsung S8 expensive.
It’s not surprising then that the luxury phone brand Vertu has breathed its last. Established by then mobile phone giant Nokia in 1998, the British manufacturer was acquired by Turkish businessman Murat Hakan Uzan this March. However, Vertu still struggled financially and is shutting down.
Vertu was renowned for producing hand-made phones made with expensive materials such as gold, leather and diamond.