XIAOMI(HK:01810) Zhong Guo Ji Jin Bao·2025-05-19 04:36Core Insights - Lei Jun, the chairman of Xiaomi Group, announced the strategic product launch event scheduled for May 22, which will feature multiple significant products including the "Xiaomi Xuanjie O1" chip, Xiaomi 15S Pro, Xiaomi Pad 7 Ultra, and the first SUV "Xiaomi YU7" [3][5]. Group 1: Chip Development Journey - Xiaomi began its chip development journey in 2014, launching its first mobile chip "Surge S1" in 2017. However, due to various challenges, the company shifted focus to "small chips" before restarting its "big chip" business in 2021 [8][10]. - As of April 2023, Xiaomi has invested over 13.5 billion RMB in the Xuanjie project, with an expected investment of over 6 billion RMB this year. The R&D team has grown to over 2,500 members, placing Xiaomi among the top three in China's semiconductor design sector [8][12]. Group 2: Xuanjie O1 Chip Details - The "Xuanjie O1" chip, which is Xiaomi's first major self-developed chip, utilizes second-generation 3nm advanced technology and contains 19 billion transistors. This positions Xiaomi as one of the few global brands with core self-developed chips, alongside Apple, Samsung, and Huawei [8][12]. - The launch of the "Xuanjie O1" chip is seen as a critical milestone for Xiaomi, with plans for several products to feature this chip, not limited to smartphones [8][12]. Group 3: Future Aspirations - Xiaomi emphasizes that chips are a core area for breakthrough in hard technology, and the company seeks public patience and support as it continues to explore this path [8][12].