ByteDance, TikTok's parent organization is working on a smartphone
TikTok's parent company ByteDance is reportedly building its own smartphone. ByteDance is a Beijing based company and has been on fire after the popularity of its video-sharing app TikTok.
These were reported by Financial Times report based on two unnamed sources, the phone will come with ByteDance preloaded apps, including TikTok and an all-new rumored music streaming service.
The report has come after ByteDance acquired patents from Smartisan to manufacture phones. Not only that company has also hired some of its staff as well.
ByteDance has been the world's most valuable startup and it wants to build upon its user base and hopes of selling a smartphone with its apps. Well, some analysts are a bit skeptical, as we have seen earlier similar attempts were made by Facebook and Amazon, but both the companies failed.
For now, it is not clear what kind of device they are planning to release and what would be the price point. In a competitive market, it is going to be really difficult for the company to sell its smartphones when most of its preloaded apps would be of no value to a normal audience.
Even there is no information regarding if these smartphones are going to be released in China or all over the world. We would probably need to wait until any kind of clarification arrives from the company.