
What you need to know
- Reports allege Xiaomi has "internally" notified its members about the creation of a "chip platform department" to facilitate its custom chip ambitions.
- The Chinese OEM has reportedly tapped Qin Muyun, who has a history as Qualcomm's former senior director of product marketing to lead the charge.
- Xiaomi was reportedly looking to invest 30 billion yuan (~$4.1 billion) in 2025 for its in-house chip creation dreams last November.