These are the chips used in mobile phones and other portable devices… The unveiling of the Xring 01 signals a bold shift in technological power dynamics, a testament to years of intense development and a substantial financial commitment from the company. Lei Jun, Xiaomi’s founder and CEO, lauded the processor as "the fruit of four years of development," emphasizing that this is just the beginning of a much larger semiconductor endeavor. The development of the Xring 01 was no small feat, involving over 2,500 engineers and an initial investment of around 3 billion $AU over four years. Xiaomi has also announced plans to inject an additional 10.5 billion $AU over the next decade, further solidifying its ambitious semiconductor strategy. Making their own chips is a big deal and although existing partnerships are currently stable, this may change as the USA changes things to be more inwardly facing. Ep337 Image created by AI
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