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flag Xiaomi plans a $6.9 billion chip investment to compete with Apple and Qualcomm, unveiling its Xring O1 chip.

flag Xiaomi, a Chinese tech company, plans a $6.9 billion investment over ten years to develop its own chips, aiming to compete with Apple and Qualcomm. flag Xiaomi unveiled its Xring O1 chip, built on a 3-nanometer process, designed for future smartphones and tablets. flag The investment aligns with efforts to expand home-grown tech amid U.S.-China trade tensions. flag Xiaomi also plans a $27.8 billion R&D investment over five years to diversify beyond smartphones.

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