Xiaomi is trying again at in-house chips after releasing one back in 2017 but failing to launch a successor, now investing over $5 billion with a new chip unveiling expected Thursday.
Looks like Xiaomi is trying this whole in-house chip thing again, after that first attempt back in 2017. You might remember the Xiaomi Mi 5c, which housed its Surge S1 processor, an octa-core chip with a mix of Cortex-A53 cores and a Mali-T860 GPU, an experiment Xiaomi pretty much killed years later after reports of development hell with its successor, the Surge S2, which never saw the light of day.
According to a Weibo post on Monday by CEO Lei Jun, and reported by CNBC, the Chinese tech company is committing a whopping 50 billion yuan, that’s about $6.9 billion, over the next decade starting from 2025 to develop its own silicon. Xiaomi is even hyping up an event this Thursday where it will unveil the Xring O1, a brand new system-on-chip.
