ByteDance has joined a growing list of Chinese companies looking to establish their own internal production line of chips for varying uses. ByteDance is reportedly exploring the possibility of designing Chips for its own use in specialized fields. This is because the TikTok developer is yet to find a semiconductor supplier that can meet its specific requirements. The proposed ByteDance chips will be customizable so that the company can effectively execute workloads related to numerous business areas. According to a ByteDance spokesperson, these include video platforms, information, and entertainment apps. ByteDance has opened 31 semiconductor design jobs in a bid…