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.
FIREPOWER: On top of the torpedoes, the military would procure Kestrel II anti-tank weapons systems to replace aging license-produced M72 LAW launchers Taiwan is to receive US-made Mark 48 torpedoes and training simulators over the next three years, following delays that hampered the navy’s operational readiness, the Ministry of National Defense’s latest budget proposal showed. The navy next year would acquire four training simulator systems for the torpedoes and take receipt of 14 torpedoes in 2027 and 10 torpedoes in 2028, the ministry said in its budget for the next fiscal year. The torpedoes would almost certainly be utilized in the navy’s two upgraded Chien Lung-class submarines and the indigenously developed Hai Kun, should the attack sub successfully reach operational status. US President Donald Trump
TPP RALLY: The clashes occurred near the Chiang Kai-shek Memorial Hall on Saturday at a rally to mark the anniversary of a raid on former TPP chairman Ko Wen-je People who clashed with police at a Taiwan People’s Party (TPP) rally in Taipei on Saturday would be referred to prosecutors for investigation, said the Ministry of the Interior, which oversees the National Police Agency. Taipei police had collected evidence of obstruction of public officials and coercion by “disorderly” demonstrators, as well as contraventions of the Assembly and Parade Act (集會遊行法), the ministry said in a statement on Sunday. It added that amid the “severe pushing and jostling” by some demonstrators, eight police officers were injured, including one who was sent to hospital after losing consciousness, allegedly due to heat stroke. The Taipei
NO LIVERPOOL TRIP: Taiwan’s Lin Yu-ting, who won a gold medal in the boxing at the Paris Olympics, was embroiled in controversy about her gender at that event Taiwanese boxer Lin Yu-ting (林郁婷) will not attend this year’s World Boxing Championships in Liverpool, England, due to a lack of response regarding her sex tests from the organizer, World Boxing. The national boxing association on Monday said that it had submitted all required tests to World Boxing, but had not received a response as of Monday, the departure day for the championships. It said the decision for Lin to skip the championships was made to protect its athletes, ensuring they would not travel to the UK without a guarantee of participation. Lin, who won a gold medal in the women’s 57kg boxing
The US has revoked Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) authorization to freely ship essential gear to its main Chinese chipmaking base, potentially curtailing its production capabilities at that older-generation facility. American officials recently informed TSMC of their decision to end the Taiwanese chipmaker’s so-called validated end user (VEU) status for its Nanjing site. The action mirrors steps the US took to revoke VEU designations for China facilities owned by Samsung Electronics Co and SK Hynix Inc. The waivers are set to expire in about four months. “TSMC has received notification from the US Government that our VEU authorization for TSMC Nanjing