Xiaomi increases investments in chipset sector to meet US restrictions



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Chinese giant Xiaomi has decided to increase the value of the company’s investments in the chipset and processor chip business over the coming period, in an attempt by Xiaomi to deal with US restrictions and pressure.

Xiaomi has been making serious attempts in recent times to avoid the impact of US restrictions and reduce the company’s reliance on training from foreign companies, in order to avoid company exposure a shortage of smartphone supplies and configurations and the company’s production backlog.

A report released by NikkeiAsia said that Xiaomi increased its stakes in 34 Chinese chip development companies and also increased its investment in 25 manufacturers of hardware configurations and smart phones, including companies developing camera lenses, chips, screens, as well as precision. equipment.

Xiaomi aims to improve the competitive performance of the company while reducing its dependence on other companies to build stronger supply chains, to support the continuation of the company and to increase its market share in the market. phone market with the big competition that Xiaomi faces in the presence of phone manufacturing giants such as Apple, Samsung and Huawei.

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