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China’s Xiaomi to launch self-developed mobile chip in late May

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Chinese smartphone and electric vehicle maker Xiaomi said on Thursday it would launch a new self developed mobile phone chip, XringO1, in late May.

The announcement was made by Xiaomi’s CEO Lei Jun on his Weibo account. He did not give any further details.

The move marks an effort by Xiaomi to develop an advanced mobile processor, as it has been focused on simpler chips such as power management chips and image sensors used on smartphones.

Competition in China’s smartphone market has been intensifying, with rivals like Huawei and Apple leveraging…

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