TikTok’s parent company is reportedly working on a smartphone

2019-7-29 17:34

ByteDance, the company behind the fast-growing teen sensation TikTok, is getting into the smartphone business, according to a report from Reuters. The project, which Chinese financial news site Caijing says has been in development for seven months, is the continuation of a separate deal with niche handset manufacturer Smartisan.

If realized, the handset would allow the company to diversify beyond the entertainment app market. Reuters states that ByteDance has acquired several patents from Smartisan, as well as several key employees, including former executive Wu Dezhou. Smartisan is one of the smaller players in China’s chaotic and competitive handset industry. The…

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TikTok’s parent company ByteDance reportedly wants to launch its own phone

ByteDance is likely on your phone through its colony of popular apps like TikTok or Helo. Now it wants to make a phone of its own. Yes, you read that right. According to a new report by The Financial Times, the Beijing-based social media company is developing a “phone preloaded with its own apps — which include newsfeeds, short video platforms and games — in a bid to further spread its reach.

2019-5-27 15:15