XIAOMI | $1810 (+2,98 %) TO PRODUCE OWN SMARTPHONE CHIP BY 2025 TO REDUCE RELIANCE ON $QCOM & MEDIATEK

Xiaomi is developing an in-house smartphone processor, aiming to start mass production in 2025, per Bloomberg. This move aligns with China's push for tech self-reliance and marks Xiaomi's entry into semiconductor design, a space dominated by Apple and Google.

The $4.1B R&D investment planned for 2025 will focus on AI, OS improvements, and chips, positioning Xiaomi to enhance its Android competitiveness while bolstering its connected EV efforts.