Xiaomi's launch of the XRing O1 at its "New Starting Point" event in Beijing marked more than just a new chip release—it was a direct challenge to industry giants Apple, Qualcomm, and MediaTek. Backed by over CNY13.5 billion (approx. US$1.87 billion) in R&D across four years, the XRing O1 is Xiaomi's first successful flagship SoC since the ill-fated Surge S1, signaling a serious shift in the company's silicon ambitions, as ICsmart and Reuters report
Following a high-profile signing in February, Luxshare Precision has launched the next phase of its major project in Kunshan, Suzhou. According to the official WeChat account "Kunshan Release" on May 20, the company's Phase I acoustic industry facility at Luxshare Science Park in Jinxi Town has commenced production, with construction on Phase II now underway
