Archive · 2 Jun 2025

Xiaomi to Invest $7 Billion in Chip Development Over Decade

Xiaomi to Invest $7 Billion in Chip Development Over Decade

Xiaomi is investing $7 billion over 10 years to create its own mobile phone chips.

They've already spent over $1.9 billion in the last four years.

The new chip, called Xring O1, will be unveiled May 22nd.

Xiaomi hopes this will help them compete with other tech companies like Apple and Huawei, and expand their business beyond just smartphones.

The move aligns with China's goal to be a leader in advanced technology.

Sources