QCOM · News · 20260825N

Competition and Market Share

QUALCOMM INC/DE · 2026-08-25 · Importance 17 · Surprise 24

Xiaomi launched its 3-nanometer Xring O3 smartphone chip to compete with Qualcomm and MediaTek. The chip emphasizes image processing and on-device AI, while Xiaomi is seeking greater control over product development and a stronger technology brand. Reported limited production means Xiaomi is expected to continue relying on external suppliers, moderating the near-term competitive threat.