China's Xiaomi is planning a next-gen phone chip, but won't release one yearly like Apple

1. Xiaomi is launching its own high-end SoC, the XRing 01. 2. Xiaomi's chip strategy aims for premium market expansion, competing with Apple. 3. The new SoC based on 3nm technology signifies advanced semiconductor efforts. 4. Xiaomi plans to invest $7 billion over 10 years in chip development. 5. Apple continues yearly SoC releases, maintaining a competitive edge.