Vertu is a well known UK-based manufacturer of coutour, handcrafted luxury smartphones. The company, previously owned by Nokia, who had created it in order to form a niche in the luxury trade market, has now been sold to Chinese investors.

Vertu phones are well known for features that include precious metals, leather casings and sapphire screens. Its chief executive, Massimiliano Pogliani says that it is now “an appropriate time to pass on the baton of leadership to a new team”. And with Chinese investors, occupying a large portion of the smartphone market, they do seem [...]