Biz Briefs

Nokia to launch PureView 808

India and Russia will be the first countries where Nokia will launch its PureView 808 camera phone later this month. Running on Symbian S60 (Nokia Belle) platform, the PureView 808 features a 41-megapixel camera sensor, which gets photographs in 5-megapixel resolution.

Nokia’s PureView technology uses pixel oversampling to condense information from up to seven pixels into one offering unparalleled image clarity.

China calls for innovation in strategic industries

BEIJING, (Xinhua) - The year 2015 will see two times more patent and international patent filings in strategic emerging industries in China than 2010, if the government's newly publicized aims are met.

According to a document posted on the central government's website, the State Council said relevant departments and local governments should understand the importance of strategic emerging industries and work to increase the nation's production of patents in these sectors.

HK's business tycoon held

Sun Hung Kai Properties, Hong Kong's largest property developer, said on Friday that its former chairman Walter Kwok had been arrested as part of an ongoing investigation of the company by the city's anti-corruption agency.

It follows the arrests on March 29 of his two younger brothers, Raymond and Thomas, who are joint chairmen of the group. Like his brothers, Mr Kwok has been released on bail. Rafael Hui, Hong Kong's former chief secretary, also was arrested in March, the highest-level arrest of a civil servant in the history of the city's Independent Commission Against Corruption- CNN

Poland to join eurozone

Poland, the European Union's fastest growing economy, wants to become a member of the eurozone -- but its finance minister says the country will wait until “it is safe to do so.”

“We want to join (the eurozone),” Jan Vincent-Rostowski told CNN. “I think we feel that there is still a lot to be done and the eurozone has a lot of homework to do.

” The minister says the eurozone must be “repaired” and that there is more work to be done. “We are very concerned, we think half the job has been done, but we are still not entirely out of the woods,” he said.

- CNN