On September 25th, Lei Jun stated in the &#34;2025 Lei Jun Annual Speech&#34; that chips are the only way for Xiaomi to achieve success, and that self-developed mobile phone SoCs must be persisted for at least ten years with an investment of at least 50 billion.
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XIACY

01810

- On September 25, Lei Jun stated in his "2025 Annual Speech" that chips are essential for Xiaomi's success, committing to a decade-long investment of at least 50 billion yuan in self-developed mobile SoCs.  
- He acknowledged the immense pressure from the over 10 billion yuan investment required for chip development, but emphasized that Xiaomi's commitment to chip production remains unwavering despite external doubts.  
- After three years of effort, the first successful test of the Xuanjie O1 chip occurred on May 22, 2024, meeting expectations with a successful system activation and module integration the following day.

Lei Jun talks about chip manufacturing: at least an investment of 50 billion