Xiaomi splashes 3 billion yuan on its own chip journey; aiming for the world's strongest chip.

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Recently, Xiaomi indirectly fully-owned "Beijing Xuanjie Technology Co., Ltd." through its wholly-owned subsidiary X-Ring Limited, which further triggered the industry's attention. In addition to the establishment of the first "Xuanjie Technology" in Shanghai earlier this year, Xiaomi's chip layout is becoming clearer. These series of actions undoubtedly indicate that Xiaomi will restart its own chip development business and may target more advanced and complex chip markets.
Firstly, from the determination to restart "chip-making", it can be seen that this is an effort based on profound insight into the future technology trend and market competition. Developing one's own chips not only helps improve the competitiveness of terminal products, but also controls user experience and cost control. The statement made by Xiao Liubin, CEO of Xiaomi, highlights the long-term commitment and complexity of the company's investment in chips, demonstrating the determination to fight a protracted battle.
Once criticized for lacking heart and soul, having no own mobile AP chip and operating system, Xiaomi recently has just started to mass-produce 2nm chips at TSMC, is it really preparing to take up the banner of world-class chips?