Lark

Reports surfaced alleging ByteDance dismantled its chip team, transferring operations to a Singaporean entity and cutting system access without severance. ByteDance denies these claims, stating the chip business entity remains unchanged and the action is a routine data migration to a new Lark tenant. CNBC analysis highlights the strategic importance of in-house chip development amid geopolitical tensions. The move to a new tenant could be preparatory for future separation, offering strategic flexibility in complex regulatory environments and potentially proving technological independence critical for valuation in future IPO possibilities.