Xiaomi is set to reveal a new 3nm chipset, XRing 01, to compete with Apple and Qualcomm's flagship phone chips.This new chipset could potentially rival the A18 Pro in iPhone 16 Pro series and Snapdragon 8 Elite in Samsung Galaxy S25 line.Xiaomi's move to introduce its own top-end chipset may lead to affordable high-performance smartphones for consumers.The official unveiling of XRing 01 is scheduled for Thursday, with expectations high for its performance capabilities.