TikTok's parent company confirms plans for a smartphone

TikTok's parent company confirms plans for a smartphone 1

A division of the financial news publication Caijing claimed that a former Smartisan executive (Wu Dezhou) is leading the project, which reportedly began seven months ago.

There’s a good chance you won’t see this phone outside of China when Smartisan is a niche brand even within the country. However, it’s a reflection of ByteDance’s growing ambitions — it’s expanding well beyond its best-known video app to develop chat clients, a reported streaming music service and even a talent contest. The company knows it’s competing with heavyweights like Baidu and Tencent, and branching out into categories like smartphones could give it a better chance of survival.

TikTok's parent company confirms plans for a smartphone 2
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CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin42,776 0.44 % 4.10 % 9.43 %
Ethereum2,929.6 0.43 % 5.56 % 14.14 %
Cardano2.360 0.79 % 3.02 % 0.54 %
Tether0.9986 0.03 % 0.08 % 0.23 %
Binance Coin357.07 0.44 % 5.11 % 12.04 %
XRP0.9502 0.70 % 3.37 % 11.00 %
Solana142.44 0.78 % 1.91 % 3.49 %
Polkadot30.87 2.19 % 17.29 % 10.73 %
USD Coin1.000 0.05 % 0.53 % 0.18 %
Dogecoin0.2110 0.57 % 4.68 % 12.42 %

bitcoin
Bitcoin (BTC) $ 42,881.00
ethereum
Ethereum (ETH) $ 2,939.09
cardano
Cardano (ADA) $ 2.36
tether
Tether (USDT) $ 1.00
binance-coin
Binance Coin (BNB) $ 357.88
xrp
XRP (XRP) $ 0.952566
solana
Solana (SOL) $ 143.21
polkadot
Polkadot (DOT) $ 31.32
usd-coin
USD Coin (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.211619