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Chinese Xiaomi smartphone company develops its own chip called Xring O1.
Cfoto | Future Edition Gets the image
Beijing – Chinese Xiaomi smartphone company takes Apple’s iPhone with an advanced chip and a cheaper phone.
Xiaomi wins the battle on the last phone pricing. The new Xiaomi 15s Pro begins with 5499 yuan ($ 764) -What makes it right to a state discount- and much cheaper than Apple models containing the most advanced company phone. The iPhone 16 Pro starts with 7999 yuan, while the iPhone Pro Max model starts with 9999 yuan’s 6,000 yuan for a Chinese government’s discount for consumers.
And Xiaomi CEO Lei Jong claims that his company also has a competitive chip, saying that on Thursday, the new Xiaomi’s Xring O1 defeated A18 A18 Pro on multiple technical performance, including the opportunity to work with less warmth.
CNBC did not independently confirm these claims. CNBC turned to Apple for comments.
“Apple is still number one,” Lei said in Mandarin, CNBC reports. He said the Xing O1 performance should not be considered as an attempt on Apple, but as an indicator of great efforts made by Xiaomi to develop a comparable processor.
The United States has increasingly restricted China’s ability to access high -end equipment for the development of advanced semiconductors used in teaching artificial intelligence models.
Lei did not discuss any significant AI PRO functions, but showed how it can be used to block and unlock the compatible car.
He announced that Xiaomi will spend 200 billion yuan on research and development in the next five years since 2026, and predicted 30% income this year.
Last week, Lei teased 3 nanometer chip in the Chinese application on social media Weibo. He later noted The chip is in mass production And he said that the company is at least $ 50 billion ($ 6.9 billion) over the next 10 years in its own chips.
The iPhone 16 Pro and Pro Max Apple use A18 Pro chips built on the same 3 -nan meter process.
About 40% of Xiaomi phones are currently using Qualcomm and Mediatek chips, according to a Conterpoint Niel Shah study partner.
For four years, Xiaomi spent $ 13.5 billion ($ 1.87 billion) to develop Xing O1, Lei said in a social media report. He showed that the company started developing chips in 2014 and introduced one in 2017 before temporarily suspending such studies.
Last spring Xiaomi launched its first electric car, Sedan SU7, $ 4000 price lower than Tesla’s Model 3 at the time. Ford CEO Jim Farley said he had spent the months driving an electric car Xiaomi when he tried to evaluate the competition of Chinese automakers.
The first SUV Xiaomi called YU7 will be officially released in July, said Lei In a report on the social media, noting that the price of the car will not be disclosed on Thursday. At the event, Lei shared several advertising images and features of cars.
The company delivered more than 28,000 vehicles In April, having dropped from its record more than 29,000 over the previous month. This happens after the SU7 car disaster in China, which left three people dead. Since then, China has demanded that automakers use more conservative language when advertising systems for drivers.
May 27 Xiaomi intends to release the results in the first quarter, after the company reported in March Write down income and net income for 2024. Sales received in foreign markets last year accounted for almost 42% of total income.
The company’s stock remains more than 50% higher than the year.
– Arjun Harpal and Bernnis Ooi submitted to this report.