Chinese phonemaker Xaomi declares war on Apple/Samsung to make handsets faster and more cheaply

Chinese smartphone firm Xiaomi has announced its first in-house designed chipset in a bid to take on Apple, Samsung and others.

It hopes the move will allow it to streamline production, lower prices, and gain greater control over handset design to counter the impact of slowing sales.

The Surge S1, deployed in Xiaomi’s newest smartphone, the Mi 5c, is the first chipset – which manages data flow – from the company’s wholly-owned chip research subsidiary, Beijing Pinecone Electronics.

MORE HERE: Chinese phonemaker Xaomi declares war on Apple and Samsung | Daily Mail Online