ByteDance rents a fifth of China’s data centre capacity, SemiAnalysis says

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ByteDance occupies roughly a fifth of China’s delivered data centre capacity, and it rents nearly all of it, according to research firm SemiAnalysis. That makes the TikTok owner the key customer for every wholesale data centre operator in China, the firm said. It published the estimate in a report on Friday.

The estimate comes from SemiAnalysis’ new China Datacenter Model, which tracks more than 1,000 facilities run by over 60 operators. By its count, China has more than 24GW of data centre capacity. That is more than the roughly 14GW across Europe, the Middle East and Africa, the firm said.

“The biggest tenant files no 10-K. Several of the largest landlords have never listed,” SemiAnalysis wrote.

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Alibaba, Tencent and Baidu spent a combined $20bn on capital expenditure in the second quarter, the report said. That is more than double the figure a year earlier. All three...

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