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.

Nokia’s luxury phones brand Vertu is about to release its first phone to feature a touchscreen, the Constellation T.

Vertu Constellation T is made with exquisite materials, including sapphire, diamond and other precious metals and jewelry.

However, the main attraction for those who are familiar with the company’s products is the 3.5-inch qHD AMOLED capacitive touchscreen display.

Nokia will launch after October 29 a limited edition Nokia N97 mini RAOUL in only 1000 units and for Singapore market for now.

The kit will include a special back battery cover with fashion house RAOUL signature stripes, a leather pouch and leather dangler.

The whole package is sold in a big leather bound box, all for about $590. It can be pre-ordered now from Nokia Singapore.

Designed by Katherine Hughes for Goldstriker, this elegant handset boasts 40gms of hallmarked 925 Sterling silver handmade veneers struck with 24ct gold complete with Sterling silver dressings again struck with 24ct gold which house 60 beautiful Swarovski crystals.

Available 1st April 09 from goldstriker.co.uk Priced at £2,995 as a limited edition of 250 handsets.

Goldstriker, known for its extraordinary and luxury offerings has announced that it will be retailing the latest Nokia Passion Edition.

This Nokia handset adorns 40gms of hallmarked 925 Sterling silver handmade veneers. Sterling silver dressings embedded with 60 Swarovski crystals complete the design.

Austrian designer and jeweler Peter Aloisson already has the crown of creating the world’s most expensive iPhone, the Kings Button, and this time he is back with lot more.

His latest concept and creation has been called “Phones and Stones” and “Apple and Stones”. These items are real luxury objects and are encrusted with Swarovski crystals.

The “Apple and Stones” collection includes the original iPhone, the iPhone 3G, the iPod nano 3rd gen and the iPod nano 4th gen.