Xiaomi takes 6% stake in chip designer VeriSilicon Holdings

Xiaomi has taken a roughly 6 percent stake in Chinese chip designer VeriSilicon Holdings, as part of its chip strategy revamp. The investment was disclosed in a filing to the CSRC in June 2019.

“China's Xiaomi has taken a stake of roughly 6 percent in compatriot chip designer VeriSilicon Holdings, as the smartphone maker revamps its years-long pursuit of success in semiconductors.”gadgets360.com

• 1 source
• gadgets360.comXiaomi Continues Chip Strategy Revamp With Investment in Semiconductor Designer | Technology NewsReutersJul 15, 2019

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