Xiaomi is reportedly developing its own in-house chipset to reduce reliance on Qualcomm and MediaTek, with mass production set for 2024 and the first phones launching in 2025. This aligns with China’s push for local firms to decrease dependence on foreign tech.
Details on the chip’s performance or market positioning remain unknown. Xiaomi plans to increase its R&D investment to ¥30 billion ($4.1 billion) in 2025, up from ¥24 billion ($3.3 billion) this year, with the new chip being a key focus.
