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.

Chinese tech giant Xiaomi Corp. $1810.HK is reinforcing its commitment to semiconductor self-reliance with a decade-long investment strategy aimed at building its own chip development capabilities. In a recent statement on Weibo, founder and CEO Lei Jun revealed that the company intends to invest at least 50 billion yuan ($6.93 billion) in chip R&D from 2021 through 2031.