The parent company of TikTok, ByteDance is reportedly exploring the designing of its own chips. This would mark it joining the range of internet companies from China that revolve around semiconductors. Notably, this is as Beijing attempts to facilitate self-sufficiency in the upcoming tech industry. The TikTok owner, which is also responsible for several gaming successes is looking into design of chips for their own use in specialised sectors. A spokesperson from the tech giant stated how this was owing to the fact they have not met any supplier that can meet its needs currently. Reports specify how these chips...