Xiaomi launches new Xring chip with TSMC production

Xiaomi has unveiled its new Xring O3 smartphone processor and partnered with TSMC for 3-nanometre production. The chip aims to strengthen supply chain control and power upcoming folding devices.

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FILE PHOTO: Staff members stand near the company logo at a Xiaomi store in Shanghai, China November 1, 2021. Picture taken November 1, 2021. REUTERS/Aly Song/File Photo

XIAOMI CORP-CLASS B unveiled the Xring O3 handset processor on Monday, partnering with TAIWAN SEMICONDUCTOR MANUFAC for 3-nanometre production. The release is part of a 50 billion yuan ($7.0 billion) decade-long push to reduce reliance on external suppliers. The smartphone vendor aims to join APPLE INC, SAMSUNG ELECTRONICS CO LTD, and Huawei in proprietary chip development.

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