Nokia Technologies is to abandon its Ozo virtual reality ( VR ) camera development programme and instead focus on digital health and licensing . The Ozo camera was aimed at professional film - makers and did generate interest from major companies , including Sony Pictures . Nokia said it 's pulling the plug after slower - than - expected adoption of technology in the media industry . It stressed , however , it would maintain its commitment to existing customers .
Nokia Technologies is to abandon its Ozo virtual reality (VR) camera development programme and instead focus on digital health and licensing. The Ozo camera was aimed at professional film-makers and did generate investment from major companies, including Sony Pictures. Nokia said it's pulling the plug after slower-than-expected uptake of VR in the media industry. It stressed, however, it will maintain its commitments to existing customers.