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Chinese social media firm ByteDance developing smartphone
- Tuesday | 30th July, 2019
SHANGHAI (Reuters) – Chinese social media firm ByteDance Ltd said on Monday it is developing a smartphone, following a deal it made with device maker Smartisan Technology. The plans come as the tech firm expands into new sectors beyond video and news apps. In a statement, a ByteDance spokeswoman said a smartphone had been part of Smartisan’s development plans before the deal it made with ByteDance. “The product was a continuation of earlier Smartisan plans, aiming to satisfy the needs of the old Smartisan user base,” the spokeswoman added. ByteDance has recently begun investing in sectors not directly related to social media.
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