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What crisis? Japan firm sells diamond cellphones
Posted on Thursday, October 30, 2008 (EST)
For those not feeling the global economic crisis -- and not content just to wear diamond earrings -- a Japanese company on Thursday unveiled a line of mobile telephones encrusted with diamonds.
 
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Japanese actress Aya Ueto presents Softbank's "Tiffany mobile phone"
© AFP Yoshikazu Tsuno

TOKYO (AFP) - Japan's Softbank Mobile said it will sell a limited run of just 10 of the phones, each studded with 537 diamonds from Tiffany & Co representing a total weight of 18.34 carats.

The "Softbank 823SH Tiffany" phone will sell for around 13 million yen (130,265 dollars), the company said. The phone has a top that flips open to a display also designed by the luxury New York jeweller.

Japan is the world's largest market for luxury goods and nearly everyone owns a cellphone, leading fashion companies to try to tap into the mobile market.

Earlier this year Softbank rival NTT DoCoMo Inc. launched a cellphone designed by Italian brand Prada.

Fellow fashion house Gucci also started a website for Gucci goods accessible only by Japanese mobile phones.

©AFP

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