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Xiaomi says its next-generation self-developed chip is nearing release
Xiaomi CEO Lei Jun announced that the company's next-generation self-developed chip is close to release, although details like launch date and specifications are not yet disclosed. This news follows a report of an 18.9% year-over-year increase in R&D spending, reaching RMB 9.2 billion, but Xiaomi has not revealed which device will first incorporate the new chip.
Key points
- Xiaomi CEO Lei Jun reported progress on the company's self-developed chip.
- No specific launch date, product name, or technical specifications were provided.
- The announcement coincided with the review of Xiaomi's Q2 performance.
- R&D spending increased by 18.9% year-over-year to RMB 9.2 billion.
- The specific device that will use the new chip has not been disclosed.
Why it matters
- In 2025, the focus on self-developed chips aligns with broader industry trends emphasizing independence from third-party chip manufacturers, driven by supply chain vulnerabilities and geopolitical factors.
- Xiaomi's investment in R&D reflects a broader trend among tech companies prioritizing innovation to stay competitive in a rapidly evolving market.
Xiaomi's upcoming chip announcement reflects its commitment to innovation amid significant R&D investment, positioning the company competitively as it navigates the tech landscape toward 2025.