China's Xiaomi claims new phone chip rivals Apple at a cheaper price
1. Xiaomi introduces cheaper phone with advanced chip, targeting Apple's market. 2. New Xiaomi 15S Pro priced at $764, eligible for government subsidy. 3. Xiaomi claims their Xring O1 chip outperforms Apple's A18 Pro in some metrics. 4. Xiaomi plans to invest heavily in chip development, signaling competition may grow. 5. Company reports strong overseas sales, indicating potential market threat to Apple.