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China's Xiaomi commits $6.9 billion to in-house chips
cnbc.com/2025/05/19/chinas-xiaomi-commits-6point9-billion-to-in-house-chips.html
Chinese technology giant Xiaomi will invest at least 50 billion yuan ($6.9 billion) over the next 10 years to develop its own chips, CEO Lei Jun said in a Weibo post on Monday.
It's the latest move by a Chinese firm to double down on home-grown technology amid the ongoing trade war…
This story appeared on cnbc.com, 2025-05-19 12:33:37.