Tag - $7 Billion

Xiaomi Plans to Invest nearly $7 Billion in Semiconductors

CRedit:TechxploreChinese tech giant Xiaomi will spend 50 billion yuan ($6.9 billion) to develop advanced smartphone chips, its founder announced on Monday.Xiaomi, known for its wide range of products from smartphones to vacuum cleaners and electric vehicles, is among China's leading consumer electronics companies.Xiaomi's Commitment to Advancing Cutting-Edge Technology Through Chips"Chips are the fundamental path...