Xiaomi launches new advanced in-house mobile chip

Tech giant Xiaomi unveiled a new advanced in-house mobile chip on Thursday. With the XRING O1, it becomes only the second smartphone brand globally after Apple to mass produce its own 3-nanometre chips, among the most advanced on the market. Xiaomi took early steps into semiconductors for smartphones with the launch of the firm's first in-house chip, the Surge S1, in 2017. 

But the group was forced to halt production of the chip due to technical and financial obstacles. The XRING O1 will first be deployed in Xiaomi's new 15S Pro flagship smartphone and the Pad 7 Ultra tablet, which were also launched Thursday along with a preview of the firm's first electric SUV.