Lu Weibing: Regrets the closure of the chip business by friends, Xiaomi's firm investment in chips

On May 24th, Xiaomi announced its Q1 2023 financial report today. During the financial report communication meeting, Xiaomi President Lu Weibing expressed regret for OPPO's closure of its chip business and conveyed Xiaomi's firm determination to invest in the chip business to the outside world

On May 24th, Xiaomi announced its Q1 2023 financial report today. During the financial report communication meeting, Xiaomi President Lu Weibing expressed regret for OPPO's closure of its chip business and conveyed Xiaomi's firm determination to invest in the chip business to the outside world. Lu Weibing stated that Xiaomi's determination to invest in chips has not wavered in any way.

Recently, OPPO closed its chip business library, which has had a significant impact on the entire industry. Netizens are starting to worry about whether Xiaomi chips can continue to persist. Regarding this, Lu Weibing stated that it is very regrettable for the company to close its chip business, which reflects that making chips is not easy and very difficult. Respect every brave attempt.

At the same time, Lu Weibing stated that Xiaomi has always had a high level of attention to the chip business. Since 2014, it has attempted to develop its own chip business. Although the entire process was not smooth sailing, Xiaomi's determination to invest in chips has not wavered. The chips launched by Xiaomi, such as power chips and ISP chips, have greatly helped the mobile terminal business.

The unwavering investment in chips is an important decision for both the board of directors and management. We fully recognize the difficulty, long-term nature, and complexity of chip investment. In the future, we must respect the laws of chips and not rush for quick success or instant gain. We must be prepared for long-term and long-lasting battles and not run marathons like a hundred meter race, "said Lu Weibing.

In addition, Lu Weibing emphasized that the purpose of Xiaomi's core making is to improve the competitiveness of the terminal and enhance the user experience, which needs to be clarified. Xiaomi will definitely continue to invest in chips.

Finally, Lu Weibing called on everyone to encourage and tolerate the core making business more, not only with applause, but also with failures and setbacks.

It is reported that after OPPO disbanded its chip business, Xiaomi's chip company Xuanjie held an internal mobilization meeting, mainly to stabilize the military's morale. Xiaomi has previously stated that it is relatively firm and has a clear understanding of the issue of core making internally. Currently, normal recruitment is also underway and talent will be recruited from the resigned personnel of Zheku. (Cui Yuxian)