Xiaomi Group held the 2025 Investor Conference today, at which Lei Jun reported Xiaomi’s recent development.This time we also responded to the chip issue that everyone is most concerned about - why can Xiaomi make a 3nm flagship SoC?

He first emphasized: It is indeed very difficult to make 3nm mobile phone SoC.
There are many companies making chips at present, but the 3nm flagship SoC is the crown jewel of the chip. There are currently only 4 companies in the world, and Xiaomi is the first in mainland China.
In four and a half years, Xiaomi has invested more than 13 billion yuan.
Moreover, just because it is made does not mean that it can be adopted immediately. It may also require iterations of the platform from generation to generation.

Lei Jun said that the first time we failed to make a chip, it taught us a huge lesson. The essence is this: without more than 10 years of investment, we can’t do it.
Manufacturing chips requires us to adhere to long-termism.
From September 2014 to today, Xiaomi's chip journey has been going on for 11 years and has gone through ups and downs.
The core ability of making chips is team ability. Building team ability well is the key to making cores.
More than four years ago, when Xiaomi made up its mind to restart SoC large chips, it was fully mentally prepared, firmly believed in "long-termism", and formulated a long-term continuous investment plan, promising to persist for at least 10 years and investing at least 50 billion. It must be ambitious but also down-to-earth.
In order to win the final victory in the chip battle, the entire group must work together and be prepared for long-term operations.

Lei Jun said: "Here, I would like to thank our chip team again. They are really amazing. The performance of the chip far exceeded my expectations. In the past few years, they have demonstrated strong R&D capabilities and super execution. More than 4 years ago, we said we would release this chip 4 years later. The complexity was unimaginable. They released it as scheduled, and also released three terminals equipped with Xuanjie chips, which is amazing. I think this team is worthy of our continued investment for ten or twenty years."
Although Xiaomi is a latecomer in the chip field, I believe that latecomers always have opportunities! "