<ul><li>Xiaomi is investing $7 billion in its chip design program, Xring, over the next decade to develop its own mobile processors.</li><li>Xiaomi's first chip, the Xring O1, built using advanced 3-nanometer technology, shows promising performance and is expected to compete with Qualcomm's top-tier Snapdragon 8 Elite processor.</li><li>Xiaomi's upcoming smartphone, Xiaomi 15s Pro, will be the first device to feature the Xring O1 chip, allowing Xiaomi to assess its performance for future chip development decisions.</li><li>By creating its own chips, Xiaomi aims to reduce dependency on third parties like Qualcomm and MediaTek, gain more control over device design, and compete with technology giants such as Apple and Samsung in chip production.</li></ul>

Xiaomi Unveils $7 Billion Plan to Develop Its Own Chips

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