Following the fall of Nokia Corporation (ADR) (NYSE:NOK) mobile business Finland has diverted to the tech sector to boost mobile games industry. And in this new area the developers are working to boost the mobile game industry following the failure of mobile industry in the country. The most popular among them are games app such as “Clash of Clans” , “Angry Birds”.
The mobile gaming is rapidly increasing in the country, as well as boosting its export industry, and it is also expected that country gaming industry may generate $2.7 billion or 2 billion Euros in 2013.
This week approximately 150 game developers displaying their concept in international investors week at the annual Slush conference in Europe, which will be ended Thursday that was initially started in 2012, and till now its members increase two folds.
Many of the country public is considering this region of business as a high-tech hub for the country following sale of the phone unit of Nokia, and through this area the country will stand on strong footing in the tech industry in the upcoming era.
Nokia has still far behind its glory when it was in its peak when its mobile industry was booming and generating over 30 billion Euros, in revenue annually. But the company is still making its efforts to revive its self once again on strong footings in its other business.
The country is currently rated at third place in the European game developers industry, which is revealed by an international business data and information firm, UBM Tech. The research firm also indicated that, they conducted the survey with three hundred European game developers, who suggest that best games in Europe would come in coming five years will be on the top was Germany and at second Britain, while Sweden ranked fourth.
Currently on the top in game developers industry is Supercell, the developer who develops games such as “Hay Day” and “Clash of Clans” that has adopted in Apple’s iOS software in over hundred countries. Shares of Nokia Corporation (ADR) (NYSE:NOK) were up 1.39% to $8.00 in premarket. In last session NOK closed at $7.89.
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