ByteDance May Prepare to Develop Chips Independently

(Source: Freepik)

ByteDance, the owner of global hit short video app TikTok, is now looking to hire a large quantity of chip-related engineers. The company has reportedly been courting many experts from Huawei’s HiSilicon and Arm. Sources familiar with the matter said that ByteDance is preparing for independent chip development, according to a report by …