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

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...

via South China Morning Post
 
 
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