Xiaomi’s move could help with China’s goal of tech self-reliance, but only Apple and Google have completely transitioned to self-designed silicon.

Xiaomi Corp. is preparing a self-designed mobile processor for its upcoming smartphones in an effort to reduce its reliance on foreign suppliers Qualcomm Inc. and MediaTek Inc.Most Read from BloombergIn Traffic-Weary Toronto,

Xiaomi, the renowned smartphone manufacturer, is reportedly developing its own mobile processors, aiming to reduce its dependence on industry giants like Qualcomm and MediaTek. If

A report claims Xiaomi is moving away from Qualcomm and MediaTek when it comes to its phone chips. As a result, the Chinese OEM may put its investments into creating phone chips in-house for its 2025 series.