Desk Report: Chinese smartphone maker Xiaomi is planning to develop a new high-end chip for its smartphones. The company has taken this initiative to establish more control over its own hardware, following the path of rivals such as Apple and Samsung. Xiaomi Vice President Xu Fei confirmed the matter to CNBC, saying that the company is planning to develop a new generation of system-on-chip. However, they cannot promise to bring new chips to the market every year like Apple. Xu Fei said, “We are new in this, we need to…
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