Xiaomi has started mass producing self-developed Xring O1 chip
FILE PHOTO: The Xiaomi logo is seen at a Xiaomi shop, in Shanghai, China May 12, 2021. REUTERS/Aly Song/File Photo
SHANGHAI (Reuters) -Xiaomi's founder Lei Jun said on Tuesday that the company has started mass production of its self-developed Xring O1 advanced mobile chip.
The first two products to be powered by the chip will be the Xiaomi 15S Pro smartphone and the Xiaomi Pad 7 Ultra, he said on his personal Weibo account.
Xiaomi plans to hold a launch event for the products on Thursday.
On Monday, Lei said Xiaomi had invested 13.5 billion yuan ($1.87 billion) to develop the Xring O1, and that it planned to invest at least 50 billion yuan more in chip design over at least 10 years.
($1 = 7.2227 yuan)
(Reporting by Brenda Goh; Editing by Tom Hogue)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Magnitude 5.5 earthquake hits near coast of central Chile, GFZ says
- Death toll of Venezuela earthquakes rises to 2,645
- Fiserv, service station operators including BP warn US stores on illegal vapesĀ
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share