Why is Xiaomi doubling down on in-house chips despite profit slump?

SCMP TechAugust 25, 2026en

Xiaomi’s long-term push into proprietary silicon is laying the groundwork for complex artificial intelligence workloads on smartphones and cars, analysts say, as the Chinese tech giant doubles down on self-developed chips despite an earnings slump and soaring component costs. On Monday it unveiled its flagship Xring O3 3-nanometre AI processor for smartphones, which is scheduled to debut in September aboard its Xiaomi 18 Fold smartphone. The company has also introduced the Xring O100 – a 6nm AI...

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