Core Viewpoint - A domestic smartphone company is set to launch a new mobile SOC chip, potentially using 4nm or 3nm technology, which may rival Qualcomm's Snapdragon 8 Gen 3, positioning it as a leading player in the domestic smartphone chip market [1][3]. Group 1: Company Overview - The smartphone company is based in northern China and is reportedly naming its new chip "Xuanjie O1," utilizing the widely adopted ARM architecture for compatibility with its existing mobile operating system [3]. - The company previously launched a mobile chip in 2017, which faced performance and thermal issues, leading to poor market reception and subsequent suspension of sales [3][5]. - After the initial setback, the company shifted focus to developing less complex chips, such as ISP and fast-charging chips, to build technical expertise before tackling more challenging SOC chip development [5]. Group 2: Technological Advancements - The upcoming SOC chip represents the culmination of eight years of technological accumulation, indicating a significant advancement in the company's capabilities in mobile chip development [5]. - If the new chip indeed utilizes 4nm or 3nm technology and outperforms the Snapdragon 8 Gen 3, it would become the most advanced and powerful domestic smartphone SOC chip available [5][6]. Group 3: Market Implications - There is a high level of consumer interest in domestically developed SOC chips, and the successful launch of this chip could enhance the company's position in the domestic smartphone market, potentially allowing it to secure the top market share in 2024 [7].