ByteDance, the company behind TikTok (Douyin in China), is transforming from a content creation provider to a smartphone maker.
According to Financial Times tipsters, ByteDance is currently in the process of developing its own smartphone after having acquired patents and talents from Chinese phone maker Smartisan. Founder Zhang Yiming has "long dreamt" of a TikTok smartphone, according to an anonymous source.
The rumoured smartphone is presumably marketed toward the social media fanatics and millennials in China and would come installed with the ...