Reports from China's media is that Xiaomi's (1810 HK) new phone will utilise TSMC's M3P process instead of 2nm node

Reports from China's media is that Xiaomi's (1810 HK) new phone will utilise TSMC's M3P process instead of 2nm node.

Xiaomi's decision to incorporate TSMC's M3P process could influence its competitiveness and cost structure in the smartphone market. This shift might reflect a strategic pivot towards optimizing production efficiency rather than pursuing the latest node technology, which may resonate positively or negatively with investors depending on their outlook for innovation versus practical production capabilities. Market response could hinge on how this impacts Xiaomi's positioning against its peers.