Xiaomi Corp (小米) is preparing a self-designed mobile processor for its upcoming smartphones in an effort to reduce its reliance on foreign suppliers Qualcomm Inc and MediaTek Inc (聯發科).
The processor might help Xiaomi be more self-sufficient and stand out in an Android market led by Qualcomm customers.
Mass production of the chip designed in-house is expected to begin next year, people familiar with the matter said.
Photo: AFP
The timeframe underscores how Xiaomi is keen to join a growing number of tech majors investing in semiconductors, a key focus for Beijing in a broader tech race with the US.
For the Beijing-based company, it marks a foray into yet another cutting-edge field in a year in which Xiaomi also invested heavily in electric vehicles (EVs).
Developing in-house chipmaking expertise can help the company’s efforts toward making smarter and better-connected EVs, above and beyond more competitive mobile devices.
A Xiaomi spokesperson did not respond to requests for comment.
Xiaomi’s nascent semiconductor work could pose a challenge for the chip manufacturer it contracts this production to, as industry leader Taiwan Semiconductor Manufacturing Co (台積電) faces escalating pressure from US authorities to curtail its business with customers from China.
The Chinese smartphone maker, which counts Qualcomm as an early investor, works closely with its US partner, and has generally been content to optimize the main processor and augment it with power management and graphics enhancements.
Xiaomi will invest about 30 billion yuan (US$4.1 billion) in research and development next year, up from 24 billion yuan this year, chairman and chief executive officer Lei Jun (雷軍) said last month.
The research will focus on core technologies such as artificial intelligence, operating system improvements and chips, Lei said.
HORMUZ ISSUE: The US president said he expected crude prices to drop at the end of the war, which he called a ‘minor excursion’ that could continue ‘for a little while’ The United Arab Emirates (UAE) and Kuwait started reducing oil production, as the near-closure of the crucial Strait of Hormuz ripples through energy markets and affects global supply. Abu Dhabi National Oil Co (ADNOC) is “managing offshore production levels to address storage requirements,” the company said in a statement, without giving details. Kuwait Petroleum Corp said it was lowering production at its oil fields and refineries after “Iranian threats against safe passage of ships through the Strait of Hormuz.” The war in the Middle East has all but closed Hormuz, the narrow waterway linking the Persian Gulf to the open seas,
Apple Inc increased iPhone production in India by about 53 percent last year and now makes a quarter of its marquee devices there, reflecting the US company’s efforts to avoid tariffs on China. The company assembled about 55 million iPhones in India last year, up from 36 million a year earlier, people familiar with the matter said, asking not to be named because the numbers aren’t public. Apple makes about 220 million to 230 million iPhones a year globally, with India’s share of the total increasing rapidly. Apple has accelerated its expansion in the world’s most populous country in recent years, bolstered
HEADWINDS: The company said it expects its computer business, as well as consumer electronics and communications segments to see revenue declines due to seasonality Pegatron Corp (和碩) yesterday said it aims to grow its artificial intelligence (AI) server revenue more than 10-fold this year from last year, driven by orders from neocloud solutions clients and large cloud service providers. The electronics manufacturing service provider said AI server revenue growth would be driven primarily by the Nvidia Corp GB300 server platform. Server shipments are expected to increase each quarter this year, with the second half likely to outperform the first half, it said. The AI server market is expected to broaden this year as more inference applications emerge, which would drive demand for system-on-chip, application-specific integrated circuits
PROJECTION: TSMC said it expects strong growth this year, with revenue in US dollars projected to grow by about 30 percent, outperforming the industry Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday reported consolidated sales last month reached NT$317.66 billion (US$9.98 billion), the highest ever for the month of February, driven by robust demand for chips built using the company’s advanced 3-nanometer (3nm) process. Last month’s figure was up 22.2 percent from a year earlier, but fell 20.8 percent from January, the world’s largest contract chipmaker said in a statement. For the first two months of the year, TSMC posted cumulative sales of NT$718.91 billion, up 29.9 percent from a year earlier. Analysts attributed the growth to sustained global demand for artificial intelligence (AI) products