Source: WCCFtech

Xiaomi: Xiaomi's New In-House Chip Development Division Has Been Formed To Allow The Company To Reach Self-Sufficiency; Team Will Be Led By Former Qualcomm Senior Director

Qualcomm's and MediaTek's chipsets will continue to pick up in price because both companies are shifting to more advanced lithography, forcing phone partners like Xiaomi to pay the premium. If there was any time that the Chinese superstar had to put its in-house chip development into overdrive mode to reduce dependency on the aforementioned firms, it would be now. According to the latest report, a team dedicated to making custom silicon has been formed, and unsurprisingly, this division will be spearheaded by a former Qualcomm senior director. Efforts have been made to mass produce various components, but Xiaomi's primary focus [...]

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Annual Revenue
$50-100B
Employees
10-50K
Lei Jun's photo - Chairman & CEO of Xiaomi

Chairman & CEO

Lei Jun

CEO Approval Rating

56/100

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