ByteDance, founded by Zhang Yiming, has become the most valuable startup in the world on the success of TikTok and its domestic clone, Douyin. — Reuters
The standout Chinese startup ByteDance Ltd has begun hiring employees for a possible push into semiconductors, exploring an expansion well beyond the hit video app TikTok for which it is best known.
The Beijing-based company has posted at least a dozen job openings related to semiconductors, including hardware and software engineers in cities like Shanghai and Beijing. A spokesperson for the company confirmed it’s hiring talent as it explores initiatives in the field, including building server chips based on Arm Ltd designs.
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