By investing the billions of development of the processors, the company aims to avoid such hope and create a full -time technological ecosystem.
Xiaomi announced the major plans of SSCALE to develop its own processors. According to Reuters, by 2035 the company plans to invest approximately $ 7 billion in developing chips.
The first step in this direction is the presentation of the first mobile processor of its own development -Xring 01, created according to the advanced 3 -NM process process. According to the founder of Xiaomi, Lay Zyun, about $ 1.8 billion was spent on developing it. The first device this processor will receive is the flagship of the Xiaomi 15s pro smartphone.
Lay Zyun also noted that investments in chips are strategically important against the background of the current course of the company for building an electric car business and its own microelectronics.
In the Xiaomi unit, which forms chips, more than 2500 engineers work. The concentration of these resources suggests the company’s serious intent to strengthen its autonomy in the field of semiconductors, which is particularly relevant, considering the geopolitical instability and restrictions on supply chains.
Analysts note that the oversaturation of the smartphone market forces technological companies to change their development. Huawei once chosen a similar path, which created its own processors under the Hisilicon brand, but since 2019 the company has undergone strict penalties from the United States. As a result, Huawei has lost its access to Taiwan TSMC’s labor facilities and is forced to cooperate with SMIC, which is also limited to technological capabilities due to American penalties.
Reminding, earlier it was reported that the sales of the Xiaomi electric vehicle were falling against the back of a crisis of confidence in the company.
TSMC revenue lasted 42% due to demand for AI chips
News from CORRESPONDENT.NET On the telegram and whatsapp. Subscribe to our channels https://t.me/KorresPondentNet and WhatsApp
Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.