Qualcomm in Talks to Provide Chip-Design Services to ByteDance
According to a Reuters report, Qualcomm is discussing chip-design services with ByteDance as part of its strategy to diversify beyond the smartphone market. If successful, this would mark one of the first major deals for Qualcomm's new chip-design business.
Tickers: $QCOM
Topics: business expansion chip design semiconductors TikTok parent company