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TikTok’s Parent Company Bytedance is working on their own Smartphone brand!

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Every now and then we come across some new companies who are trying to make their own space in the smartphone market. But, sadly most of them fights with the tried and tested smartphone giants and finally gives up. The latest news is coming from the founders of popular video sharing app, TikTok. According to reports, the founding company of TikTok, Bytedance, is building its own smartphone.

The report from financial Times quotes an unnamed source who revealed that Bytedance founder Zhang Yiming has long dreamt of a smartphone with Bytedance’s apps¬† pre-installed. Earlier this year Bytedance made a deal with phone manufacturer Smartisan and acquired patents and some employees from the company, which indicates that the report is indeed true.

Out of the apps made by Bytedance, most people knows only about TikTok, owing to it’s popularity. Other apps from Bytedance includes Lark, a collaboration tool,an instant messenger called Felilao .While a lot of chinese smartphone companies have their own applications pre-installed in their own smartphones, this is one of the rare cases where an application company makes their own smartphone so that they can endorse their apps in it. It must be noted that the companies who tried to do the same before, Amazon and Facebook, who launched smartphones to endorse their app failed shortly and had to discontinue the products.

If the news is true, capturing the market will be just one of the few worries for Bytedance, because of the ongoing trade war between USA and China. Recently, TikTok was banned in India for a short period of time for promoting “cultural degradation”.

On the other side, TikTok is one of the most popular apps on both the Apple iTunes store where it was downloaded 33 million times and in the Google Playstore, where it was downloaded 88.2 million times.

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