Flash ReportByteDance Reportedly Developing Its Own Smartphones Coresight Research May 30, 2019 Executive Summary Beijing-based ByteDance is breaking into the smartphone market, according to the Financial Times. ByteDance is the parent company of popular video app TikTok. This move represents a bold move for ByteDance as the company will be entering a crowded space with established players – and one unrelated to its core social network app business. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Weekly UK Store Openings and Closures Tracker 2025, Week 19: Store Closures Down 25% Year Over YearUS Store Tracker Extra, May 2025: Rite Aid Takes Total Closed Retail Space to Over 110 Million Square FeetLower-Income Consumers’ Economic and Financial Sentiment Improves: US Consumer Survey InsightsAnalyst Corner: UK Retail Crime Soars—Visibly Reflected in Stores, with John Mercer