Xiaomi is reportedly working on its own brand of chipsets for smartphones. The Chinese tech company reportedly considered the move as the country urged local companies to reduce their dependence on foreign technology as much as possible. With its own chipsets, the country will stop relying on chipset producers like Qualcomm and MediaTek.
According to reports, mass production of Xiaomi's chips will start early next year. The company plans to launch the first phones powered by this chip in 2025. However, it also remains to be seen whether this chip will work as well as the sexting chips of Qualcomm and MediaTek. It is also unknown whether this chip will be used in other products.
This is all we know from the leaked report. If this report proves to be true, then the company may release information about it soon or more rumors may surface in the near future. The report also notes that Xiaomi plans to invest about CNY 30 billion ($4.1 billion) in R&D in 2025, up CNY 6 billion from this year's CNY 24 billion ($3.3 billion). This increase in budget may be due to the new chip.
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