TikTok Smartphone Confirmed: What Is ByteDance Upto With It?

Must Read

Skeletons in the Closet? Google-Facebook Involved in Secret Online Advertising Deal

If you can’t beat ‘em, join ‘em. And when two titans happen to decide upon an alliance,...

Smartphone Resale Value: Depreciation Is Surprising Enough [REPORT]

It's a tad cliché and true that smartphones have permeated every sphere of our life. The ceaseless...

A Majority of Web Professionals Prefer WordPress For Building Websites [STUDY]

The advancement in technology and network infrastructure has triggered an unprecedented competition among web professionals, who are willing to launch...

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

How Mobile Is Becoming A Catalyst Of Online Gambling Market Growth

The global online gambling market is now one of the biggest and it is expected to grow...

“Open Up Cambridge Analytica, It’s CBI At the Door!”

Among all the establishments ensnared in deplorable acts, Cambridge Analytica has steadily climbed the ladder of infamy. The roots of its malice...

Smartphone Resale Value: Depreciation Is Surprising Enough [REPORT]

It's a tad cliché and true that smartphones have permeated every sphere of our life. The ceaseless tech breakthroughs have led to...

Reliance-Future Deal Is Approved By SEBI But Biyani May Not Be Happy With It!

Despite Amazon trying its best to stick a fork between the Reliance-Future deal, the Indian market regulator SEBI has finally given the...

Skeletons in the Closet? Google-Facebook Involved in Secret Online Advertising Deal

If you can’t beat ‘em, join ‘em. And when two titans happen to decide upon an alliance, there are bound to be...

The Sudden Reappearance of Missing Jack Ma Leaves People Guessing About Many Things!

Jack Ma was preparing to publicly float Ant Group - what was billed to be the largest IPO in the world in...

In-Depth: Dprime

Will ‘TikTok By Microsoft’ Be A Winner?

For the last two years, TikTok has been in the public eye for all sorts of reasons. First, it was the exploded...

Facebook Subscription Model: Looking Beyond Ad Dollars?

Seldom do job listings create a stir this gripping. However, when the job listing in question is a stealth post from Twitter,...

Will The Online Food Delivery Market in India End Up Becoming A Two-Horse Race?

It's pretty much evident that the food delivery space in India is all set to get riled up soon enough as one...

More Articles Like This