TikTok owner ByteDance is moving on from smartphones to sharpen its efforts in the education technology market. Photo: AP
Smartisan founder’s dream of beating Apple dies as ByteDance suspends smartphone business
- Entrepreneur Luo Yonghao, founder of Smartisan, once boasted of surpassing Apple’s innovation in smartphones and other devices
- By 2019, Luo was scrambling to pay off Smartisan’s debts amid an economic slowdown in China
TikTok owner ByteDance is moving on from smartphones to sharpen its efforts in the education technology market. Photo: AP
