Core Insights - The main focus of the event was the launch of the Xiaomi 15S Pro smartphone and the YU7 car, marking Xiaomi's 15th anniversary and its transition into a "hard tech" company with the introduction of the self-developed chip, the玄戒O1 [2][19] - The玄戒O1 chip is designed to compete with high-end chips like Qualcomm's Snapdragon 8 Elite and Apple's A18 Pro, showcasing Xiaomi's ambition to achieve flagship performance [4][10] Chip Performance - The玄戒O1 chip scored 3,004,137 points in benchmark tests, indicating strong performance capabilities [6] - It features a deca-core architecture with 2 super-large cores, 4 large cores, 2 small cores, and 2 super-small cores, along with a 16-core GPU [8] - In terms of CPU performance, the玄戒O1 lags slightly behind the A18 Pro in single-core performance but surpasses it in multi-core performance [10] - The GPU performance of the玄戒O1 is significantly better than that of the A18 Pro, with a 35% lower power consumption [11] Development and Investment - Xiaomi has invested over 13.5 billion RMB in the玄戒 chip since restarting its chip program in 2021, with plans to invest 200 billion RMB in R&D over the next decade [16] - The company aims to sell 10 million units of the玄戒 chip within one to two years, despite acknowledging that this may initially be a "money-losing business" [16] Future Prospects - Xiaomi's玄戒 chip will not completely replace Qualcomm's chips in its flagship devices, as the company plans to continue its long-term partnership with Qualcomm [21] - The introduction of the玄戒 chip provides Xiaomi with more options and reduces its dependency on Qualcomm, allowing for greater flexibility in product offerings [23] - The development of the玄戒 chip signifies a shift towards self-reliance in core technologies, aligning with the broader trend of increasing domestic technological capabilities in China [24]