After a short introduction by Nokia CEO Stephen Elop, Jo Harlow, executive vice president of smart devices at Nokia, kicks off the show holding a yellow Lumia 920.
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Augmented reality with Maps
In addition to the City Lens feature and the camera's image stabilization technology, the 920 will also have Nokia Maps with augmented reality -- an interactive live map experience.
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A bright PureMotion HD+ display
Harlow said that the device's PureMotion HD+ display is the best smartphone display innovation. It includes blur-free scrolling, crisp images, sharper pictures, and videos "that pop."
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Underneath the hood
The handset is powered by a 2,000mAh battery and a Qualcomm Snapdragon S4 processor.
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Going wire-free
The device will also have wireless charging capabilities. Here, it is set up on top of a "Fatboy charging pillow" that users will need to purchase in addition to the Lumia 920. Nokia has teamed up with Virgin Atlantic and The Coffee Bean & Tea Leaf to provide wireless charging stations.
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A new start (screen)
Joe Belfiore, corporate vice president of Microsoft, demos the Windows Phone 8's start screen's new small tile option, as well as the personalized live tile for individuals.
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Finally, screenshots!
By holding the power and home button, users can now take screenshots on the Lumia 920.
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A view with many lenses
In addition to working seamlessly across multiple device platforms, WP8 comes packed with photo features like multiple lenses through the integrated FX Suite app.
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More on wireless charging
Kevin Shields, senior vice president of Nokia, takes the stage to dive into the wireless charging features.
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Accessories that pop
Not only can the Lumia 920 charge on a plate, but by using NFC, it can also work wirelessly with a slew of JBL audio products.
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No wires for audio speakers
The device can sit up top a JBL Power Up speaker and play music while charging -- all without wires.
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Tapping along with NFC
By tapping against a pair of JBL headphones, music can also play through the Lumia 920.
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Cropping away the undesirables
More camera features include a Smart Shot function that crops away unwanted objects.
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Now everyone can make a cinemagraph
A cinemagraph tool creates GIF-like images, similar to moving photos, in a snap.
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The Nokia Lumia 820
The other WP8 Lumia device is the 820, a slightly smaller handset (it has a 4.3-inch screen, whereas the 920 has a 4.5-inch screen) with rounded corners and a removable back plate that comes in several colors and has wireless charging capabilities.
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The two CEOs
Microsoft CEO Steve Ballmer joins Elop on stage with the two Nokia Lumias in hand.