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: Economic Optimism at Five-Month Low; Holiday Shopping Slows: US Consumer Survey InsightsCanada Store Openings and Closures Tracker 2025: Bankrupt Hudson’s Bay Company Takes Total Closures Ahead of OpeningsWeekly US Store Openings and Closures Tracker 2026, Week 3: 457-Store Francesca’s Reportedly LiquidatingFinancial Confidence Ticks Up Again: Weekly US Consumer Sentiment, Week 20, 2025—Infographic