New game birds play cuckoo in Nokia's nest – Firstpost
FirstpostWhile mobile phone maker Nokia has hit hard times and looks unlikely to regain its commanding position in the Finnish economy, nine years ago … While mobile phone maker Nokia has hit hard times and looks unlikely to regain its commanding position in the Finnish economy, nine years ago it helped feed a newly hatched technology niche in its homeland. The cellphone giant, which once made more than half the world’s smartphones and 4 percent of Finnish GDP, funded an award won by Rovio, now one of the world’s two leading mobile gaming firms along with local rival Supercell, which next week opens a new HQ at former Nokia premises near central Helsinki. In an industry where many are chasing but few make serious money, Rovio’s Angry Birds game hit the big time with a billion customers around the world, most of them using smartphones of Nokia’s deadly rivals Apple and Samsung. “It’s clear that the direct impacts of startups and gaming firms are not even close to what Nokia still is, let alone what it was,” said Petri Rouvinen, researcher at think-tank ETLA. “Nokia employees used to stay with Nokia and avoid risky ventures, creating an insular bubble of tech expertise that did not foster startup growth in Finland,” said analyst Tero Kuittinen from mobile analytics firm Alekstra.
History of this topic
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