XIAOMI(HK:01810) Guan Cha Zhe Wang·2025-07-29 06:02Core Viewpoint - Xiaomi has successfully developed its first high-end flagship SoC, the "Xuanjie O1," which is also the first self-developed 3nm chip in mainland China, marking a significant milestone in the global SoC research and development landscape [1][7][9]. Group 1: Product Development - The "Xuanjie O1" chip was officially launched on May 22, featuring an area of 109mm² and utilizing the second-generation 3nm process with 19 billion transistors [9]. - The chip includes a 16-core GPU with the latest Immortalis-G925 and employs dynamic performance scheduling technology [9]. - The CPU architecture consists of a 10-core setup based on ARM's latest designs, including Cortex-X925 and A725 cores [9][10]. Group 2: Company Strategy - Xiaomi's chip development journey began four years ago with the establishment of Xuanjie, aiming to become a leader in next-generation hard technology [6][7]. - The company had previously paused its SoC development after the "Panghu S1" in 2017 but resumed efforts in early 2021, leading to the formation of Shanghai Xuanjie Technology Co., Ltd. with a registered capital of 1.5 billion yuan [12]. - Xiaomi plans to invest continuously in chip development, viewing the "Xuanjie O1" as a milestone and the beginning of a ten-year journey [7][12]. Group 3: Market Position and Future Plans - Since its release, the "Xuanjie O1" has not been widely adopted across Xiaomi's product range, currently featured in select models like the Xiaomi 15S Pro and Xiaomi Pad 7 series [12]. - Future plans include the development of the second-generation "Xuanjie O2" chip and a 5G baseband, with aspirations for full terminal coverage, including automotive applications [12][13]. - Xiaomi's founder, Lei Jun, has indicated that the experience with the "Xuanjie O1" has exceeded expectations, leading to considerations for broader applications in future products [12].