Reuters. Xiaomi's investment in VeriSilicon makes it the chipmaker's second-largest investor, putting Xiaomi in a position toguide the chipmaker's development efforts and ensure it has a supply line for the silicon it needs.The investment is a continuation of Xiaomi's efforts — dating back to 2014 but more active in recent years — to augment its China-based chipmaking options while it also strives to move some semiconductor design and development in-house.
Xiaomi has created its own custom chips in the past, but its current lineup is, like most of the mobile phone world, highly dependent upon Qualcomm and its Snapdragon chips.
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