Cellphone maker Nokia is in advanced talks to sell its UK subsidiary Vertu to private equity group Permira.

Vertu’s cellphones can feature crystal displays and sapphire keys, costing more than 200,000 pounds ($320,000) due to the precious metal components.

In bright colours of mint green, raspberry, and tangerine, Vertu’s new Constellation Candy emerges right on time for spring/summer.

TAG Heuer has launched the Racer smartphone, “the first luxury phone crafted for high performance” according to the Swiss luxury watchmaker.

The Racer is built with carbon fiber lined with titanium and special grade rubber. These features make the smartphone shockproof while also making it lightweight.

The phone design was “inspired by TAG Heuer’s heritage in GT cars and Formula 1,” the company said in a statement.

Grand Touch Aston Martin Phone is the second phone released by Mobiado as part of their Aston Martin collection.

The body of this mobile phone is constructed from solid aircraft aluminum meticulously CNC machined and anodized to create smooth and elegant hard surface for the exterior body.

The surfaces of the bodies are created with curves to straight line edges, a process that can only be executed with the precision of CNC machining.

The Gresso company presents an exclusive Grand Monaco collection model, designed entirely in extravagant black color.

The new model is released in two editions: Pure Black Cayman with crocodile leather and Pure Black Carbon with Italian carbon leather.

The phone case is executed from high resistant and light titanium alloy. At the finale stage of the manufacturing the case is being covered with several high-tech ceramics layers.

Just in time for the Valentine’s Day, Amosu Couture has festooned the Apple iPhone 4 with Swarovski crystals and a matching rose pink back.

The Amosu Couture Valentine Pink Swarovski iPhone 4 has been decked out with over 500 Swarovski crystallized element stones that adorn its frame.

It is priced at £2,699 ($4,400) and you have the possibility to engrave the back with a love message and choose your favorite color for the crystals.