OST - Ostin Technology to launch smartwatches via popular Chinese short-video platform

2023-08-10 09:24:56 ET

• Display modules supplier Ostin Technology ( NASDAQ: OST ) Thursday said it plans to launch two new smartwatch products, M4 and GT8-PRO, via a popular Chinese short-video platform.
• Ostin expected the smartwatches to be available for purchase on Douyin's (TikTok) platform in the third quarter.
• Additionally, the company is expected to sell smartwatches through other popular short-video platforms, including Kuaishou (Kwai) and WeChat Channel as well.
• "We will use these platforms to target specific audiences with tailored content, attract viewers with interactive features, and build trust and influence for our Ostin brand through live streaming, to boost sales and profits,” said Tao Ling, Ostin CEO.
• OST +2.5% premarket to $0.82
• Source: Press Release

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