During the recent financial meeting for the first quarter of 2023, Xiaomi revealed his firm intention to continue to invest in the chip market. Lu Weibing, president of the company, expressed regret for Oppo's decision to close its chip business, but stressed that Xiaomi remains determined to further develop its technology to try to improve quality and lower costs.
Xiaomi strengthens its investment in chips despite the closure of Oppo and remains determined to develop its technology
Earlier this month, Oppo announced the closure of its chip development subsidiary Zheku, due to economic challenges and a volatile smartphone market. Despite this, Xiaomi remains committed to investing in the chip industry, acknowledging its own strategic importance for the future of mobile technology.
Lu Weibing emphasized the challenging nature of core development and the difficulties it entails. She urged people to show respect for every bold step taken in the industry. However, she clarified that Oppo's shutdown doesn't hamper Xiaomi's efforts to develop chips.
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"We are fully aware of the difficulty, long-term nature and complexity of investing in chips. In the future, we must abide by the rules of the chip industry and not rush for quick success. We must be prepared for a protracted war. You can't run a marathon like it's a 100m dashLu said.
In recent years, Xiaomi has developed a number of processors for use in its smartphones, including Surge S1, Surge P1 e C1 appears. These chips are designed to improve the performance, battery life and camera quality of Xiaomi smartphones. The company stands also developing a number of other chips, including a 5G modem chip and a self-driving chip. Xiaomi is even rumored to be recruiting talent from Oppo's disbanded chip business.
