XIAOMI(HK:01810) Sou Hu Cai Jing·2025-05-16 02:10Core Viewpoint - Xiaomi is set to launch its self-developed SoC chip named "Xuanjie O1" in late May, marking a significant milestone in its decade-long journey to create its own chips, which has been a long-cherished goal for the company and its engineers [1][3][7] Group 1: Historical Context - In 2014, Xiaomi established the "Pinecone" chip brand to break the foreign monopoly in the smartphone chip market, facing numerous technical challenges along the way [3] - The first chip, Surge S1, was launched in February 2017 but failed to gain market traction due to limitations in technology and performance [3][5] - Subsequent attempts to develop the Surge S2 were met with repeated setbacks, leading to a period of uncertainty and anticipation among engineers [3][5] Group 2: Recent Developments - Xiaomi shifted its strategy to focus on smaller chips, successfully developing imaging chips (Surge C series), charging chips (Surge P series), and battery management chips (Surge G series) as stepping stones towards the main chip [5] - The upcoming Xuanjie O1 is rumored to be featured in the Xiaomi 15S Pro, generating excitement among fans and marking a potential turning point for the company [5][7] Group 3: Future Aspirations - Xiaomi's founder, Lei Jun, has stated that the company aims to invest 100 billion yuan in research and development over the next five years, positioning itself as a leader in hard-core technology [7] - The launch of Xuanjie O1 is not just about the chip itself but symbolizes the culmination of years of effort and the determination of Chinese tech companies to break free from foreign dominance in the semiconductor industry [7]