News: ByteDance team to develop AI chips as China aims for self-reliance.
BEIJING (Reuters) – Chinese TikTok owner ByteDance plans to develop semiconductors according to the company’s job postings and a source familiar with the situation.
The plan is still in its early stages and the company’s focus is on arm-based server-side chips, the person told Reuters.
Beijing-based ByteDance has posted a dozen semiconductor-related job advertisements on its official website, mainly based in Beijing and Shanghai.
The company has put together a team to study the development of artificial intelligence chips, ByteDance told Chinese business magazine Caijing.
ByteDance did not provide an immediate comment when contacted by Reuters.
Chinese tech giants are stepping up efforts to develop their own chips to reinforce China’s ambitions to reduce reliance on foreign manufacturers like Qualcomm Inc and Nvidia Corp. to reduce.
The US sanctions imposed on hardware maker Huawei Technologies Co. Ltd prevented the Chinese telecommunications giant from sourcing components like semiconductors, which paralyzed its smartphone business.
China is the world’s largest buyer of semiconductors, but its ability to manufacture chips domestically lags behind the US, Japan and South Korea.
According to research firm ICInsights, of the $ 143 billion worth of chips sold in China in 2020, only $ 22.7 billion were produced in China and only $ 8.3 billion by companies headquartered in China.
Chinese search engine giant Baidu has closed a round of funding for its Kunlun AI chip unit, valued at around $ 2 billion, Reuters reported on Monday
Baidu is also considering making the device a standalone company to commercialize its chip design capabilities.
Alibaba Group, China’s e-commerce giant, unveiled an AI chip for its cloud computing products in late 2019.
According to Reuters, China’s AI unicorn SenseTime has started developing native AI chips after being put on a U.S. trading list by Washington in 2019.
Reporting by Yingzhi Yang and Tony Munroe in Beijing; Adaptation by Stephen Coates
Original Source © Reuters