US Stock Market Movement: Nokia rises 3.7% pre-market after launching the 199 yuan WeChat phone, precisely targeting niche markets

Glonghui June 1｜Nokia rose 3.7% pre-market to $15.39. Recently, a new Nokia feature phone has attracted market attention. This phone is equipped with a 2.4-inch screen and a 1450mAh battery, supports dual-SIM standby and 4G full-network connectivity, and is priced at 199 RMB. Its main highlight is cross-device communication. Using the HMD micro-chat system, users can make voice calls, video calls, text and picture chats, and group chats between feature phones, as well as between feature phones and smartphones. It also includes electronic fence and positioning features, meeting specific usage scenarios. Some analyses state that although the revenue contribution from this 199 RMB micro-chat phone may be limited, it precisely targets a niche market neglected by mainstream manufacturers and forms a good synergy with the company’s main AI transformation strategy.