Xiaomi CEO Lei Jun announced a $6.9 billion investment plan over the next decade to develop advanced chips, unveiling the new Xring O1 system-on-chip this Thursday, aiming to boost the company’s high-end smartphone strategy and reduce reliance on Qualcomm.
Chinese tech giant Xiaomi has revealed ambitious plans to invest at least 50 billion yuan (approximately $6.93 billion) over the next ten years to develop its own semiconductor chips, according to CEO Lei Jun’s announcement on social media. This bold move marks a significant step in Xiaomi’s pursuit of becoming a leading hard-core technology company.
Lei highlighted the company’s longstanding “chip dream,” emphasizing that mastering chip technology is essential to reaching the pinnacle of tech innovation. Reflecting on lessons from its initial chip manufacturing efforts, Xiaomi concluded that focusing on producing high-end flagship system-on-chips (SoCs) is critical to advancing its technology and supporting its premium product lineup.
Currently, Xiaomi relies heavily on Qualcomm’s Snapdragon chips for its flagship smartphones. The new Xring O1 SoC, set to be unveiled on Thursday, is expected to power Xiaomi’s upcoming smartphone, showcasing the company’s progress in chip design.
In addition to the SoC launch, Xiaomi plans to introduce an electric vehicle, a new tablet, and a smartphone during Thursday’s event, signaling a broad push into multiple technology sectors.
Cambodia and Thailand accused each other of cross-border attacks on Sunday, hours after U.S. President Donald Trump said their leaders agreed to pursu...
A landmark agreement has been signed for the export of 48 KAAN fighter jets – Türkiye’s indigenously developed National Combat Aircraft – to In...
At the IDEF 2025 defence exhibition, Türkiye and the United Arab Emirates (UAE) took a fresh step in strengthening bilateral defence ties. Turkish ae...
Agriculture and Forestry Minister İbrahim Yumaklı announced that a total of 76 fires have been fought across the country, with 28 in forested areas ...
North Korean leader Kim Jong Un has expressed confidence that the country will achieve victory in its anti-imperialist and anti-US struggle. The state...
A landmark agreement has been signed for the export of 48 KAAN fighter jets – Türkiye’s indigenously developed National Combat Aircraft – to Indonesia.
At the IDEF 2025 defence exhibition, Türkiye and the United Arab Emirates (UAE) took a fresh step in strengthening bilateral defence ties. Turkish aerospace firm TAAC and UAE-based CALIDUS signed a strategic agreement to jointly develop the landing gear and subsystems for the B250 aircraft platform.
Agriculture and Forestry Minister İbrahim Yumaklı announced that a total of 76 fires have been fought across the country, with 28 in forested areas and 48 in rural regions.
North Korean leader Kim Jong Un has expressed confidence that the country will achieve victory in its anti-imperialist and anti-US struggle. The statement was made on the anniversary of the Korean War armistice, according to the state news agency KCNA on Sunday.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
'Superman' continued to dominate the summer box office, pulling in another $57.25 million in its second weekend, as theatres welcome a wave of blockbuster competition following a challenging few years for the film industry.
China has signalled plans to establish an international organisation for artificial intelligence, seeking to position itself as a counterweight to the United States in shaping the future of the technology.
TikTok’s parent company, ByteDance, has developed a robotic system powered by artificial intelligence that can perform household chores such as folding clothes and cleaning tables.
The asteroid that once worried scientists for Earth is now targeting the moon and could strike in 2032.
Elon Musk’s satellite internet service Starlink faced a rare global outage on Thursday, affecting tens of thousands of users and prompting a swift response from Elon Musk’s SpaceX.
Artificial intelligence (AI) is transforming how people search online, offering instant answers while diverting traffic from major websites, according to data from SimilarWeb and other sources.
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