Latest news with #15SPro
Yahoo
27-05-2025
- Automotive
- Yahoo
Xiaomi Just Took Aim at Apple and Tesla -- And It's Not Backing Down
Xiaomi (XIACY) just fired a shot at two of the world's most valuable companies and it wasn't subtle. At a splashy product launch in China, CEO Lei Jun unveiled the 15S Pro smartphone, priced at just 5,499 yuan ($764), making it eligible for a government subsidy. That's well below the iPhone 16 Pro's 7,999 yuan starting point a critical price edge in a country where the 6,000 yuan threshold unlocks discounts for consumers. More importantly, Lei claimed Xiaomi's homegrown chip, the Xring O1, beats Apple's (NASDAQ:AAPL) A18 Pro in key areas like thermal performance during gaming. It took four years and $1.87 billion to develop and it's already in mass production using the same 3nm process that powers Apple's flagship. Warning! GuruFocus has detected 6 Warning Signs with XIACY. But phones are just the warm-up act. Xiaomi's real ambition might be on four wheels. After undercutting Tesla (NASDAQ:TSLA) last year with its SU7 sedan priced $4,000 lower than the Model 3 the company is now preparing to launch the YU7 SUV in July. Lei didn't reveal pricing, but he did drop a few details: the YU7 will feature chips from Qualcomm and Nvidia, advanced driver assist, and up to 835 km of range. Still, the road hasn't been smooth. A fatal SU7 crash triggered tighter ad rules on driver-assist features. Despite that, Xiaomi delivered 28,000 vehicles in April and shows no signs of slowing down. Investors will get their next read on May 27, when Xiaomi reports Q1 results. Last year, it posted record revenue and profit, with nearly 42% of sales coming from overseas markets. The stock is already up over 50% year-to-date and with Lei pledging 200 billion yuan in R&D through 2031, the market may be starting to realize: this isn't just a phone company anymore. Xiaomi wants to play in every arena Apple and Tesla dominate and it's bringing its own chips, cars, and pricing power to the fight. This article first appeared on GuruFocus.
Yahoo
27-05-2025
- Automotive
- Yahoo
Xiaomi Just Took Aim at Apple and Tesla -- And It's Not Backing Down
Xiaomi (XIACY) just fired a shot at two of the world's most valuable companies and it wasn't subtle. At a splashy product launch in China, CEO Lei Jun unveiled the 15S Pro smartphone, priced at just 5,499 yuan ($764), making it eligible for a government subsidy. That's well below the iPhone 16 Pro's 7,999 yuan starting point a critical price edge in a country where the 6,000 yuan threshold unlocks discounts for consumers. More importantly, Lei claimed Xiaomi's homegrown chip, the Xring O1, beats Apple's (NASDAQ:AAPL) A18 Pro in key areas like thermal performance during gaming. It took four years and $1.87 billion to develop and it's already in mass production using the same 3nm process that powers Apple's flagship. Warning! GuruFocus has detected 6 Warning Signs with XIACY. But phones are just the warm-up act. Xiaomi's real ambition might be on four wheels. After undercutting Tesla (NASDAQ:TSLA) last year with its SU7 sedan priced $4,000 lower than the Model 3 the company is now preparing to launch the YU7 SUV in July. Lei didn't reveal pricing, but he did drop a few details: the YU7 will feature chips from Qualcomm and Nvidia, advanced driver assist, and up to 835 km of range. Still, the road hasn't been smooth. A fatal SU7 crash triggered tighter ad rules on driver-assist features. Despite that, Xiaomi delivered 28,000 vehicles in April and shows no signs of slowing down. Investors will get their next read on May 27, when Xiaomi reports Q1 results. Last year, it posted record revenue and profit, with nearly 42% of sales coming from overseas markets. The stock is already up over 50% year-to-date and with Lei pledging 200 billion yuan in R&D through 2031, the market may be starting to realize: this isn't just a phone company anymore. Xiaomi wants to play in every arena Apple and Tesla dominate and it's bringing its own chips, cars, and pricing power to the fight. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Kuwait Times
25-05-2025
- Business
- Kuwait Times
Xiaomi launches new advanced in-house mobile chip
BEIJING: Tech giant Xiaomi unveiled a new advanced in-house mobile chip on Thursday, a significant milestone for the company as Chinese firms shift resources towards home-grown technology against a bleak international trade backdrop. Xiaomi, which sells goods from smartphones to vacuum cleaners and electric vehicles (EVs), is one of China's most prominent consumer electronics firms. 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. This despite being a latecomer to the chip industry, Xiaomi founder Lei Jun said at a launch event on Thursday, joking that the feat had been 'harder than ascending to heaven'. 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. Lei said the journey to developing the XRING O1 had taken over a decade. 'How much hardship, how much sweat, how much untold pain have been involved in these 11 years? How much courage and determination did it take to make this decision?' he said. 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. A number of Chinese firms are racing to develop their own chips with the aim of freeing themselves from reliance on foreign suppliers. Xiaomi is only the fourth smartphone brand globally to have developed its own system-on-chip, with Huawei the only domestic competitor. 'This represents yet one more step toward China reaching self-sufficiency in this crucial industry—as well as in broader ICT and electronics supply chains,' Stephen Ezell from US-based think tank Information Technology and Innovation Foundation (ITIF) told AFP. Over the past few years, Washington has sharply tightened export controls on advanced chip technology to China, citing national security concerns. Chinese chip foundries are restricted from accessing foreign equipment needed for cutting-edge chip production—meaning that firms have to rely on overseas foundries for 5nm-process and below. Xiaomi has not confirmed which company is manufacturing the XRING O1, though Lei said it uses the same second generation 3nm-process technology as Apple's latest chips. Apple contracts Taiwanese chipmaking titan TSMC for its fabrication. The chip is a 'significant' achievement for Xiaomi, and allows it to reduce 'its reliance on external designers' such MediaTek and Qualcomm, Washington-based semiconductor and technology analyst Ray Wang told AFP. 'Longer term, owning its SoC (system-on-chip) roadmap will insulate Xiaomi's devices from the US–China geopolitical tensions and help mitigate global supply-chain disruptions,' he said. – AFP
The Hindu
23-05-2025
- Business
- The Hindu
Xiaomi launches new advanced in-house mobile chip
Tech giant Xiaomi unveiled a new advanced in-house mobile chip on Thursday, a significant milestone for the company as Chinese firms shift resources towards home-grown technology against a bleak international trade backdrop. Xiaomi, which sells goods from smartphones to vacuum cleaners and electric vehicles (EVs), is one of China's most prominent consumer electronics firms. 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. This despite being a latecomer to the chip industry, Xiaomi founder Lei Jun said at a launch event on Thursday, joking that the feat had been "harder than ascending to heaven". 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. Lei said the journey to developing the XRING O1 had taken over a decade. "How much hardship, how much sweat, how much untold pain have been involved in these 11 years? How much courage and determination did it take to make this decision?" he said. 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. A number of Chinese firms are racing to develop their own chips with the aim of freeing themselves from reliance on foreign suppliers. Xiaomi is only the fourth smartphone brand globally to have developed its own system-on-chip, with Huawei the only domestic competitor. "This represents yet one more step toward China reaching self-sufficiency in this crucial industry, as well as in broader ICT and electronics supply chains," Stephen Ezell from U.S.-based think tank Information Technology and Innovation Foundation (ITIF) told AFP. Over the past few years, Washington has sharply tightened export controls on advanced chip technology to China, citing national security concerns. Chinese chip foundries are restricted from accessing foreign equipment needed for cutting-edge chip production, meaning that firms have to rely on overseas foundries for 5nm-process and below. Xiaomi has not confirmed which company is manufacturing the XRING O1, though Lei said it uses the same second generation 3nm-process technology as Apple's latest chips. Apple contracts Taiwanese chipmaking titan TSMC for its fabrication. The chip is a "significant" achievement for Xiaomi, and allows it to reduce "its reliance on external designers" such MediaTek and Qualcomm, Washington-based semiconductor and technology analyst Ray Wang told AFP. "Longer term, owning its SoC (system-on-chip) roadmap will insulate Xiaomi's devices from the US-China geopolitical tensions and help mitigate global supply-chain disruptions," he said.
Japan Today
22-05-2025
- Business
- Japan Today
Xiaomi launches new advanced in-house mobile chip
Lei Jun, co-founder and CEO of Xiaomi, speaks in Beijing on May 22, 2025 By Luna LIN Tech giant Xiaomi unveiled a new advanced in-house mobile chip on Thursday, a significant milestone for the company as Chinese firms shift resources towards home-grown technology against a bleak international trade backdrop. Xiaomi, which sells goods from smartphones to vacuum cleaners and electric vehicles (EVs), is one of China's most prominent consumer electronics firms. 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. This despite being a latecomer to the chip industry, Xiaomi founder Lei Jun said at a launch event on Thursday, joking that the feat had been "harder than ascending to heaven". 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. Lei said the journey to developing the XRING O1 had taken over a decade. "How much hardship, how much sweat, how much untold pain have been involved in these 11 years? How much courage and determination did it take to make this decision?" he said. 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. A number of Chinese firms are racing to develop their own chips with the aim of freeing themselves from reliance on foreign suppliers. Xiaomi is only the fourth smartphone brand globally to have developed its own system-on-chip, with Huawei the only domestic competitor. "This represents yet one more step toward China reaching self-sufficiency in this crucial industry –- as well as in broader ICT and electronics supply chains," Stephen Ezell from US-based think tank Information Technology and Innovation Foundation (ITIF) told AFP. Over the past few years, Washington has sharply tightened export controls on advanced chip technology to China, citing national security concerns. Chinese chip foundries are restricted from accessing foreign equipment needed for cutting-edge chip production -- meaning that firms have to rely on overseas foundries for 5nm-process and below. Xiaomi has not confirmed which company is manufacturing the XRING O1, though Lei said it uses the same second generation 3nm-process technology as Apple's latest chips. Apple contracts Taiwanese chipmaking titan TSMC for its fabrication. The chip is a "significant" achievement for Xiaomi, and allows it to reduce "its reliance on external designers" such MediaTek and Qualcomm, Washington-based semiconductor and technology analyst Ray Wang told AFP. "Longer term, owning its SoC (system-on-chip) roadmap will insulate Xiaomi's devices from the U.S.–China geopolitical tensions and help mitigate global supply-chain disruptions," he said. © 2025 AFP
