SHANGHAI (Reuters) – Chinese social-media firm ByteDance Ltd. said on Monday it was developing a smart-phone, after you made a deal with the device maker Smartisan Technology.
FILE PHOTO: People have to look at the Bytedance Technology, state of Digital China, exhibition in Fuzhou, Fujian province, China, May 5, 2019. REUTERS/Stringer
The plans come as the tech company is expanding into new fields beyond video and news apps.
In a statement, a ByteDance on Friday said the smartphone had been a member of the Smartisan, the development of a plan to deal with the ByteDance.
“It has been a continuation of the previous Smartisan plan to meet the needs of the old, Smartisan’s user base,” the spokesperson added.
On Monday, a sub-division of the Chinese financial news outlet Caijing reported that the phone had been in development for seven months. The effort is being led by the Wu Dezhou, a former executive at Smartisan’s store added to it.
Earlier this year, ByteDance acquired a series of patents, of the Smartisan. Some of the Smartisan the employees to ByteDance, as part of what the company called “a normal flow of talent.”
Smartisan is a niche player in the chinese smartphone industry, and it is the most well-known for its eccentric founder, Luo Yonghao.
ByteDance has grown to be a leading player in the technology, competing with the likes of Baidu Inc. and Tencent Holdings Ltd, is in effect.
Douyin, the company has a mobile app for the streaming of short films, and has more than 300 million monthly active users in China, ByteDance marketing manager, Zhi Yin said, in the month of June. TikTok, Douyin’s global-centric counterpart, it is also grown in popularity in North America.
ByteDance has recently begun to invest in the sectors that are not directly related to the use of social media. The company has hired several employees of the London-based start-up JukeDeck, which specializes in COMPUTER-generated music, and Reuters reported in mid-July.
Reporting by Josh Horwitz; Editing by Muralikumar Anantharaman and David Holmes