Why Qualcomm Wants ByteDance as a Customer for Its New Chip Design Business

Qualcomm is reportedly in discussions with ByteDance, the parent company of TikTok, to provide custom chip-design services, signalling the US chipmaker’s efforts to expand beyond its traditional smartphone business. If the talks result in a deal, ByteDance could become one of the earliest customers for Qualcomm’s emerging custom silicon division, potentially opening a new avenue of growth for the company as smartphone demand faces increasing pressure.The reported negotiations also highlight how major US technology companies continue to pursue business opportunities in China despite ongoing geopolitical tensions and restrictions surrounding advanced semiconductor technologies.

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