XIAOMI(HK:01810) Sou Hu Cai Jing·2026-01-08 06:13Core Insights - Xiaomi's Chairman and CEO Lei Jun announced that by 2026, the company aims to achieve the integration of self-developed chips, operating systems, and AI models in a terminal product, likely a flagship smartphone [1] Group 1: Chip Development - Xiaomi has developed a complete underlying technology stack, with its self-developed mobile SoC chip, Xuanjie O1, set to be officially released on May 22, 2025. This chip utilizes TSMC's second-generation 3nm (N3E) process, integrating 19 billion transistors and featuring a 10-core 4-cluster CPU architecture [3] - The Xuanjie O1 chip includes two Cortex-X925 super-large cores with a frequency of 3.9GHz, four performance cores at 3.4GHz, two efficiency cores at 1.9GHz, and two efficiency small cores at 1.8GHz, along with a 16-core Arm Immortalis-G925 GPU. It will debut in the Xiaomi 15S Pro special edition, marking a significant step in Xiaomi's core hardware development [3] Group 2: Operating System Development - Xiaomi officially launched its third-generation ecosystem operating system, Surge OS 3, in August 2025, which is deeply customized based on Android 16. The system was first pushed in the Chinese market in September 2025 and later expanded to India, Europe, and Southeast Asia [5] - Surge OS 3 incorporates technologies such as hotspot compilation acceleration, resulting in faster application launches and lower gaming power consumption. In a stress test involving the continuous launch of 22 applications, it maintained smooth animations, achieving a system efficiency optimization improvement of 10% [5] Group 3: AI Development - Xiaomi's large model team, led by former DeepSeek researcher Luo Fuli, is set to release and open-source its flagship model MiMo-V2-Flash in December 2025. This follows the earlier open-sourcing of models like MiMo-7B and MiMo-Embodied, establishing a capability system that covers inference, multi-modal, and embodied intelligence [7]