World’s biggest Chinese smartphone brand to be hit hardest by US chip design restrictions

Xiaomi is among the first companies to be affected by new US restrictions on chip design software, a Financial Times report claims. Quoting people with knowledge of the matter, the report says that the move could severely impact China’s ambitions in advanced semiconductor manufacturing.

For those unaware, Xiaomi unveiled its self-designed XRING O1 mobile processor last month. The chip—manufactured using Taiwan Semiconductor Manufacturing Company’s (TSMC) leading-edge 3-nanometre technology is intended for Xiaomi’s newest flagship smartphones.