HK Movers | ZTE Rallies over 10% on Rumors of Launch of AI Smartphone Jointly Developed With ByteDance This Month

Tiger Newspress12-01

ZTE shares rose over 10% in Hong Kong. The AI smartphone jointly developed by ByteDance and ZTEis set to launch in early December, according to comprehensive Chinese media reports.

ByteDance will lead the implantation of its Doubao large model and AI interaction features, while ZTE will oversee hardware and product design and manufacturing.

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