TikTok Smartphone Confirmed: What Is ByteDance Upto With It?

Must Read

Superstitions across different countries – An Overview

Some believe that a superstition is anything that people believe that is based on myth, magic, or irrational thoughts. They are beliefs that are steeped in lore or tradition, and it is usually difficult to pinpoint the exact origin. Here is a brief compilation of Superstitions which are prevalent across different countries.

1.5 Million Engineers Pass Out In India Every Year, Fewer Getting Hired [Trends]

Engineering colleges have been springing up like wild mushrooms in India in the last few years. Their number has...

World’s Most Popular Ad Slogans: A Brief List To Inspire With !

Advertisement plays an important role for companies as well as consumers world wide. It gives a seller an opportunity...

The TikTok smartphone would soon be a reality!

The Tiktok makers are going to have a new offering soon in the form of a new smartphone. It has been known for some time that the company was going to come up with a smartphone in the near future. ByteDance, the parent company of TikTok, has confirmed its plans for a new smartphone after closing a deal with device maker Smartisan Technology. It did not come as a surprise but what does the Chinese mobile app development company want by launching a smartphone?

Let us look at it in a little more detail.

Advertisements

TikTok Smartphone: Made By Smartisan Technologies

Smartisan Technologies is a multinational technology company which specialises in designing consumer electronic devices and online services. While the company itself has been labelled as a niche player in the smartphone business, the CEO of the company has a different story altogether. Before turning into the founder and CEO of a smartphone startup, he was an English teacher. And now, he aims to be the next Steve Jobs of China. Known for his characteristic flamboyance, he epitomises what his company stands for.

Now, as Bytedance has confirmed, Smartisan had plans to come up with a new smartphone long before the Bytedance deal. The upcoming smartphone has already been seven months into development. But the question begs, what’s in it for Bytedance?

Smartphones: The Next Step for Bytedance?

Bytedance has been gaining a lot of influence and popularity in recent times. Its applications have gained users and following not just in China but all around the world. Douyin, the company’s short video streaming app, has almost 300 million users in China on a monthly basis. The global counterpart of douyin, Tiktok, has been gaining popularity across North America. It was also the third most downloaded app in Q1 2019, posting a 70% growth year on year in the process. This has allowed the company to compete with the likes of Baidu. Therefore, taking this next step is might just turn them into the company of much larger scales.

The smartphone business might look brutal at this time due to the declining growth of the global smartphone industry. Bytedance might still be looking towards making its mark in it. TikTok itself already has about 800 million downloads worldwide. Therefore, Bytedance might be looking to release this smartphone with all of its apps pre-installed in it.

But is it enough to sustain in the smartphone market? Social media companies such as Facebook have spectacularly failed with such a venture. And they are not alone. E-commerce giant Amazon also tried the same with a new Fire phone, only to discontinue it a year later (it does have a new Ice Phone set to come out in the future).

Advertisements

Therefore, while such a move is risky, it does come with a high reward. Should their smartphone succeed, it will propel the company to another level in terms of revenue and reach.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

India the 3rd Worst Economically Affected Nation by Internet Shutdowns in 2019: Report

2019 saw an increasing awareness about internet shutdowns in the Indian population due to unprecedented first-hand experience...

Amazon and Flipkart Under The Lens Of Indian Authorities For Competition Squashing Activities!

The ongoing tug of war between Offline and Online retailers in India seems to be far from over. On Monday, the Competition...

Constant Internet Suspensions In India Affecting Online Transactions and Economy Adversely

In the wake of the highly controversial and prejudiced Citizenship Amendment Act and other related legal developments such as the NRC, IT...

The Current Generation Require Technology In Class To Make The Most Of Future Opportunities

Technology is the current drive for everything. It has influenced all aspects of life, including cultures. It affects the way we live,...

Reliance Jio Offers Free Calls Over WiFi: Activate It Now

Following Airtel’s launch of VoWiFi calling in December 2019, Jio has now started rolling out VoWiFi calling, as well.

UPI Scam: A Man Loses Rs. 1.01 Lakhs While Using Paytm and Google Pay

Facebook finds it itself in the middle of its first scam of the new decade and the catalyst seems to be its...

In-Depth: Dprime

YouTube Should Have Bid Adieu To Dislike Button Much Earlier?

Online video sharing platform YouTube can be a ruthless place for content creators targeted by 'dislike mobs'. And the site owners totally understand that...

Facebook Has Pulled Off A Masterstroke By Integrating Its ‘Family Of Apps’?

It’s indeed hard to believe that ONE man sitting at Menlo Park, oversees how nearly a third of the world’s population interacts with each...

Facebook’s Crunch Conquest: By Relying Largely On The US Market, Is Facebook Running a Risk?

Two billion! That's Facebook, Inc. (NASDAQ: FB) for you - Right when you thought that this social-media giant has already connected the entire world, it's...

More Articles Like This