Xiaomi's Ambitious Chip Development Plans
19 May 2025
Xiaomi is planning to invest at least 50 billion yuan (around $7 billion) into chip development over the next decade, starting from 2025. This was reported by Reuters after speaking with a Xiaomi representative.
The founder of Xiaomi, Lei Jun, revealed that the company has already spent 13.5 billion yuan on the development of the mobile processor XringO1. More than 2500 specialists are involved in the project.
The new investments aim to strengthen Xiaomi's position in the mobile processor market and enhance control over key technologies amid rising competition in the smartphone and electric vehicle sectors.
