In a bold decision that reflects its technological ambitions, Chinese company Xiaomi has announced its new Xiaomi 15s Pro phone, supported by an advanced chip which, according to her, is in competition with the last apple chip, but at a much lower price.
The new phone starts from 5,499 yuan ($ 764), which makes it eligible for the support of the Chinese government, while the price of the iPhone 16 Pro starts from 7,999 yuan, and the price of the iPhone 16 Pro Max exceeds less than 9,999 yuan.
During the Lae John CEO’s CEO of Beijing revealed the new “Xring O1” chip, which exceeds Apple’s “A18 Pro” chip in several technical indicators, including thermal performance while playing games. Although Apple was “always the first in the world”, he stressed that this achievement reflects the size of Xiaomi efforts to develop a competitor.
Huge investments and future aspirations
This comes, while Xiaomi has announced an ambitious plan to invest 200 billion yuan in research and development over the next five years, from 2026, with expectations of income growth of 30% this year.
The company had started to develop slides since 2014 and revealed its first processor in 2017, before it temporarily stops this path. But with the Xring O1 chip, which took 4 years to develop and cost 13.5 billion yuan ($ 1.87 billion), it seems that Xiaomi is strongly returned to the processor.
Cars phones
Xiaomi’s ambitions were not limited to smartphones, while the company entered the electric cars market strongly, last spring launched its first SU7 car at a price less than $ 4,000 for the Tesla “Model 3”, while it announced its sports car to use several, which will be officially launched next July.
Despite its recording of sales exceeding 28,000 cars in April, this number was slightly withdrawn from the previous month, after a fatal accident of SU7 cars, which prompted the Chinese authorities to impose restrictions on the promotional language used in auxiliary driving systems.
Standard profits and global growth
Xiaomi is expected to announce the results of the first quarter on May 27, after having recorded record profits in 2024. According to the company data, 42% of its revenues came from foreign markets, while its shares have increased by more than 50% since the start of the year.
Electronic science – Agencies
