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

Xiaomi is planning to invest at least 50 billion yuan (6.9 billion dollars) to develop its mobile phone processor over a decade, to enhance its position in the semiconductor sector, while major technology companies are increasingly knowledge of the manufacture of chips of strategic importance.

The billionaire Lee John, co -founder of Xiaomi, wrote in a post on the Chinese Wipo platform similar to the “X” site, on Monday: “The chips are a summit that we have to climb, and a difficult battle that is inevitable if we want to become a great and solid technological company.” Li added in a separate publication that the Chinese company will launch the first processor of its own design, “XRing O1”, on May 22.

“Xiaomi” project

The smartphone manufacturer and electric cars, which is based in Beijing, decided in 2021 to launch a 10 -year initiative to produce the “X -Ring” port for mobile 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 2,500 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 is still operating with the technology of 7 oldest due to the American export restrictions.

Xiaomi in the footsteps of Apple

Xiaomi has so far relied on the “Qualcomm” and Media Tech company to manufacture mobile phone processors, but it seems currently that the Chinese company is going in the footsteps of “Apple”, one of its largest competitors in China.

Apple designs its chips in conjunction with its programs to create an integrated system. The American company has finally 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 may give Xiaomi a local advantage over Huawei Technologies, which cannot manage more advanced portable phones than 7 nm due to the difficulties of its partner’s production partner, SMIC (SMIC).

Lee’s huge investment in chips is in line with Chinese President Xi Jinping’s priorities, which are comparable to China, and even outperforming them, 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 greatly betting on electric cars, but her ambitions in the auto sector were severely damaged after a deadly road accident that included its SU7 SU7 earlier this year.