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Nokia Unveils Lumia Phone With Camera to Revive Demand

Nokia Oyj plans to start selling a Lumia smartphone with a high-resolution camera, the Finnish handset maker’s latest effort to revive its comeback bid.

The Lumia 1020 has a 41-megapixel camera, allowing users to take crisper pictures and video through a technology called “oversampling,” Chief Executive Officer Stephen Elop said yesterday at a press conference in New York. AT&T Inc. will sell the phone for $299.99 with a two-year contract starting July 26, Nokia said.