Xiaomi Launches Own Chip

BeijingXiaomi’s Xring O3 chip challenges Qualcomm directly.

Qualcomm and MediaTek lose the Chinese volume their business depends on.

Xiaomi designed the chip in-house, but TSMC still fabricates it, leaving sovereignty over the blueprint, not the factory.

China’s other handset makers now face pressure to follow Xiaomi in-house.

Sources: Bloomberg Business