XIAOMI(HK:01810) Guan Cha Zhe Wang·2025-05-20 02:49Group 1 - Qualcomm's CEO Cristiano Amon stated that Xiaomi's self-developed chip initiatives are not expected to impact Qualcomm's business, as Qualcomm remains a strategic chip supplier for Xiaomi [1] - Qualcomm's Snapdragon chips have been the main SoC supplier for Xiaomi's flagship smartphones, and this relationship is expected to continue [1] - Xiaomi has announced its self-developed 3nm flagship SoC chip, Xuanjie O1, which is among the most advanced processes in the market, comparable to Apple's A18 Pro chip used in iPhone 16 Pro and Pro Max [3] Group 2 - Xiaomi's CEO Lei Jun revealed that the development of Xuanjie O1 has involved significant investment, with over 13.5 billion RMB spent to date and a projected investment of over 6 billion RMB this year [3] - The total investment planned for the Xuanjie project is 50 billion RMB, set to commence in 2025, indicating a long-term commitment to semiconductor development [3] - The R&D team for Xuanjie has grown to over 2,500 people, positioning Xiaomi among the top three in the domestic semiconductor design sector in terms of investment and team size [3] Group 3 - Xiaomi is set to launch new smartphones, tablets, and electric vehicles on May 22, featuring the Xuanwu O1 SoC in its upcoming flagship devices [4] - The Xuanjie O1 marks Xiaomi's return to core smartphone components, following previous attempts to develop SoCs, including the Panghu S1 launched in 2017 [4] - The Xuanjie O1 has begun mass production, with two flagship devices, the Xiaomi 15s Pro and the Xiaomi Pad 7 Ultra, expected to be released alongside it [4]