Xiaomi says its next-generation self-developed chip is nearing release

Xiaomi CEO Lei Jun announced that the company’s next-generation self-developed chip is nearing release. He did not disclose a launch date, product name or technical specifications in the announcement. The announcement came in a post reviewing Xiaomi’s second-quarter performance. Lei said the company’s research and development spending rose 18.9% year over year to RMB9.2 billion […]