Xiaomi reaffirms commitment to proprietary chipsets after rival Oppo’s recent closure of Zeku

  • Xiaomi’s pledge came after its Chinese smartphone rival Oppo made a surprise move to shut down its chip design unit earlier this month
  • The company launched its first in-house chipset, the Surge S1, in 2017

Iris Dengin Shenzhen
Xiaomi makes pledge on chip development. Photo: Handout
Xiaomi has reaffirmed a commitment to developing its own chipsets after the abrupt closure of competitor Oppo’s chip design unit Zeku, as the Beijing-based smartphone giant reported a 19 per cent slump in first-quarter revenue amid a sluggish handset market.

“Chip development plays a crucial role in Xiaomi’s core business. It is not about whether we are doing it or not; it’s that we have to do it,” the firm’s partner and president Lu Weibing said in a conference call with analysts and investors late on Wednesday.

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