People familiar with the matter say Qualcomm (QCOM.O) is negotiating with ByteDance to provide custom chip design services; if successful, ByteDance would be an early customer for Qualcomm’s design business. Sources caution talks are ongoing and outc

2026-06-24

People familiar with the matter say Qualcomm (QCOM.O) is negotiating with ByteDance to provide custom chip design services; if successful, ByteDance would be an early customer for Qualcomm’s design business. Sources caution talks are ongoing and outcomes are uncertain; no chip design or manufacturing agreement has been confirmed and ByteDance may pursue other partners. Discussions reportedly cover a video processing unit (VPU) design, with a target to begin mass production by year‑end.