Xiaomi spends $ 7 billion to develop its own chips this contract

Xiaomi intends to invest at least 50 billion yuan ($ 6.9 billion) to develop its mobile processor for cell phones over a decade, to improve its position in the semiconductor sector, while important technology companies are increasingly knowledge of the manufacture of strategic importance. Billionaire Lee John, co -founder of Xiaomi, wrote in a post on the Chinese Wipo platform on Monday, similar to the “X” website, “The chips are a top we need to climb, and a difficult battle if we want to become a good and solid technology company.” Li added in a separate publication that on May 22, the Chinese company will launch the first processor of its own design, “Xring O1”. The Xiaomi Chot project The producer of smartphones and electric cars, based in Beijing, decided in 2021, launched a ten -year initiative to produce the X Ring SIM for cell phones, according to what he wrote to me. Li added that “Xiaomi” has spent more than 13.5 billion Yuan over the past four years, and plans to invest 6 billion Yuan in research and development this year. He wrote to me that the Xiaomi Semiconductor team currently includes more than 2500 people. Li added that the “X Ring Q1” chip is made with 3 Nm technology of the second generation, without mentioning the name of the chips manufacturer on which ‘Xiaomi’ relies on production. The use of 3 Nm technology is excluded “Simonukone Manovakchurring International”, a leading company in China in the field of Chips, which still works with an older 7 Nm technology due to US export restrictions. “Xiaomi” in the footsteps of “Apple”, “Xiaomi” has so far relied on the “Qualcomm” and “Media Tech” business to produce cellphone processors, but the Chinese company seems to be going into the footsteps of “Apple”, one of its biggest competitors in China. Apple designs its chips in conjunction with its programs to create an integrated system. The US company recently expanded the scope of this arrangement to include Mac devices, in an effort to improve the efficiency of its devices. The new 3 Nm processor can give Xiaomi a local advantage over Huawei Technologies, which can no longer manage advanced portable phones than 7 Nm due to the problems of the partner’s production partner, Smic (Smic). Lee’s enormous investment in chips is in line with Chinese President Xi Jinping’s priorities, which is comparable to China, and even performs better in the latest technology, including semiconductors. At the same time, Xiaomi is looking for new growth engines that exceed its traditional business in the field of smartphones. She was also very busy with electric cars, but her ambitions in the car sector were badly damaged after a deadly road accident that included his SU7 SU7 earlier this year.