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The Beijing-based company, which also operates TikTok’s Chinese sibling Douyin, said its initiatives in the field of semiconductors “are in the early stage, focusing on cost optimisation of recommendations, advertising and other businesses”, local media reported, citing a ByteDance statement written in Chinese.
ByteDance added that all of its chip projects are “in compliance with relevant trade control regulations”.

According to the report, those efforts are aimed at reducing ByteDance’s dependence on Nvidia to counter US export controls.
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