Xiaomi Corp. $1810.HK is asserting its technological independence with a landmark commitment to invest at least 50 billion yuan (approximately $6.9 billion USD) in mobile processor research and production over the coming decade. This move underlines the corporation’s strategy to reduce supply chain dependencies in a highly competitive global semiconductor landscape, where proprietary chip development is increasingly a critical differentiator.
In an ever-evolving semiconductor market, the demand for ASML's $ASML advanced lithography systems is taking an unexpected turn. Recent developments indicate that interest in China is exceeding earlier forecasts, with the sector playing a pivotal role in shaping the company's global strategy. Financial director Roger Dassen has noted that orders in the Chinese market have surpassed initial expectations, marking a significant shift in regional performance.