ByteDance, famous for its short video app TikTok, has begun hiring for a dozen roles related to semiconductors engineers, both hardware and software. The Bejing-based firm, valued at $ 180 bn, explores initiatives in the field which includes building server chips based on Arm designs. ByteDance’s new business is aligned with the top priority for China’s Communist Party which rules the nation with an iron fist. It is also exploring an IPO for some of its businesses.

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