Diamonds are forever, but mobile phones are not designed to last quite so long. Unless you are a lucky recipient of a jewel-encrusted mobile this Christmas, that is. Vertu, a subsidiary of Nokia, is producing 200 mobile phones decorated with diamonds. The most expensive of the range are believed to be the first mobile handsets to cost in the region of ?50,000 (US$88,450).
The company, which sells the mobiles through expensive jewellers and department stores such as Harrods in London, plans to ship the first of the diamond handsets next week. The phones are handmade at the company's headquarters near Hook in southern England, and are already pre-sold. But don't worry if a Vertu phone is on your Christmas wish list. The company produces a range of "cheaper" handsets, which start at around ?3,000, and these are still available.
So what do you get for your ?50,000? Down the side of the phone is something called a pave, jewellers' parlance for a "carpet" of tiny diamonds. The keypads of the most expensive handsets are made up of eight carats' worth of diamonds. The keypad itself is housed in a body of white gold (or platinum), underpinned with ruby bearings and furnished with the same ceramic material that was initially manufactured for the space shuttle.
Objects of desire
"Luxury isn't about need, it is about want," explains Chris Harris, the company's UK sales director. "We all have our areas where we spend beyond reason because we get a buzz from it. Owners of Vertu know they are buying an object that only a few people can own." Indeed, consumer technology has long had a luxury market that, at its peak, is often indistinguishable from jewelry. The humble timepiece can cost ?10, but it can also cost ?10,000 and do its job little better. But to the owner, that's not the point. You only have to look at the Persian wealth currently on show at the British Museum to see that everyday objects have long been status symbols.
Surprisingly, the ?50,000 phone comes with just a single year's warranty, doesn't have a camera and there are no promises to retrofit the handsets if the current GSM technology, which it relies on, is ever replaced.
Even a ?50,000 phone has a finite lifespan as a working model. But then again, it is easy to be snotty about such success. What Vertu is doing, after all, is establishing a luxury brand that is becoming synonymous with hi-tech phones -- just as Switzerland is with high-end watches. And you can admire a Vertu almost like a Faberge egg. The engineering is technically excellent and the aforementioned ruby bearings are designed to perform millions of actuations over the handset's life cycle, for example. The phones are far more durable than regular brands and are expected to last up to 20 years if looked after properly.
future antiques?
It is tempting to think of such glittering objects as future antiques, bought as an investment, and Vertu says that a number of its phones are bought by collectors, especially in the far east. So could we expect to see a Vertu handset pop up on antiques TV shows in 50 years' time?
"That's just silly," says a spokeswoman with the auction house Christie's. "The jewels will have an inherent value," she says, "but it is impossible to know what they will sell for in the future. What gives an antique its value is a combination of rarity, quality and provenance. Just because a rich person owns it doesn't give it value."
But if a famous person owns it, then it is a different story. David Beckham, Gwyneth Paltrow and Brad Pitt all own Vertu phones, as do members of the Saudi royal family. And Vertu is not the only firm making phones that go bling, bling.
Motorola is rumored to be producing a limited edition, solid gold version of its superslim clamshell, the V3. Last month, Samsung, one of the biggest "non-luxury" phones manufacturers, announced a partnership with Bang & Olufsen, the Danish makers of sleekly futuristic audio equipment. The resulting lovechild is the Serene, a very odd mobile handset. It features a "dial" keypad, doesn't play music and is expected to cost around ?700 when it goes on sale in the UK next month.
highest quality
"The intention is to provide an alternative for those customers who demand the highest quality," reads a statement from the company, "for whom simplicity and quality are important factors, and for whom less can be more. It is a phone you want to keep. It is timeless in use, in design, and in technology, freed from unnecessary functions and instructions."
The phone is, therefore, the polar opposite of the Vertu handset. But then again, when have the rich ever agreed on what makes style?
A girl's best friend: But blinging up your phone is no longer the preserve of the super-rich. Jewelry makers such as Boodle already supply a range of accessories to glam up the most mundane of mobiles, and Swarovski, the makers of high-quality crystal products, manufacture special cases and holders for mobile phones that sell for several hundred pounds each.
But with mobile phone theft rife, you can't help but wonder about the wisdom of such purchases.
"If you can afford to buy one, you can afford to lose one," says the cabbie on the way to the Vertu factory.
The Ministry of Foreign Affairs (MOFA) yesterday said it is closely monitoring developments in Venezuela, and would continue to cooperate with democratic allies and work together for regional and global security, stability, and prosperity. The remarks came after the US on Saturday launched a series of airstrikes in Venezuela and kidnapped Venezuelan President Nicolas Maduro, who was later flown to New York along with his wife. The pair face US charges related to drug trafficking and alleged cooperation with gangs designated as terrorist organizations. Maduro has denied the allegations. The ministry said that it is closely monitoring the political and economic situation
Conflict with Taiwan could leave China with “massive economic disruption, catastrophic military losses, significant social unrest, and devastating sanctions,” a US think tank said in a report released on Monday. The German Marshall Fund released a report titled If China Attacks Taiwan: The Consequences for China of “Minor Conflict” and “Major War” Scenarios. The report details the “massive” economic, military, social and international costs to China in the event of a minor conflict or major war with Taiwan, estimating that the Chinese People’s Liberation Army (PLA) could sustain losses of more than half of its active-duty ground forces, including 100,000 troops. Understanding Chinese
UNRELENTING: China attempted cyberattacks on Taiwan’s critical infrastructure 2.63 million times per day last year, up from 1.23 million in 2023, the NSB said China’s cyberarmy has long engaged in cyberattacks against Taiwan’s critical infrastructure, employing diverse and evolving tactics, the National Security Bureau (NSB) said yesterday, adding that cyberattacks on critical energy infrastructure last year increased 10-fold compared with the previous year. The NSB yesterday released a report titled Analysis on China’s Cyber Threats to Taiwan’s Critical Infrastructure in 2025, outlining the number of cyberattacks, major tactics and hacker groups. Taiwan’s national intelligence community identified a large number of cybersecurity incidents last year, the bureau said in a statement. China’s cyberarmy last year launched an average of 2.63 million intrusion attempts per day targeting Taiwan’s critical
‘SLICING METHOD’: In the event of a blockade, the China Coast Guard would intercept Taiwanese ships while its navy would seek to deter foreign intervention China’s military drills around Taiwan this week signaled potential strategies to cut the nation off from energy supplies and foreign military assistance, a US think tank report said. The Chinese People’s Liberation Army (PLA) conducted what it called “Justice Mission 2025” exercises from Monday to Tuesday in five maritime zones and airspace around Taiwan, calling them a warning to “Taiwanese independence” forces. In a report released on Wednesday, the Institute for the Study of War said the exercises effectively simulated blocking shipping routes to major port cities, including Kaohsiung, Keelung and Hualien. Taiwan would be highly vulnerable under such a blockade, because it