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.

Newsquawk StaffPublished 19 Jan 2026, 08:21 UTCOn the live feed at 08:01 UTC — 3 more headlines followed before this page went public

Newsquawk headlinesUTC

08:10

EUROPEAN OPEN: Trump threatens Europe with tariffs over Greenland; SCOTUS to hear BAYN GY bid to curb Roundup cases; ASM NA beats Q4 expectations amid China rebound

08:10

European Movers: WH Smith (SMWH LN) +8.0%, Bayer (BAYN GY) +6.5%, BAE Systems (BA/ LN) +1.8%, ASM International (ASM NA) +1.6%, BMW (BMW GY) -4.9%, Mercedes Benz (MBG GY) -3.7%

08:01

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

07:57

Tengizchevroil announces a temporary suspension of oil production

07:48

UK Chancellor Reeves has reportedly called off her speech at the LSE today, instead will be attending a briefing with PM Starmer

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Try the platform free

Free. No signup, no card.

Context

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.

Equities · last 90 days

Recent headlines that moved markets

EQUITIES/8 Sept · 05:24 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Equity indices, after we published−0.3%

Modest downside seen across equity futures as energy prices tick higher.

EQUITIES/3 Sept · 04:54 UTC

North Korea stripped references to "peaceful unification" with South Korea from the charter of its ruling Workers' Party of Korea, according to Yonhap.

Equity indices, after we published−3.3%

EQUITIES/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

ES, after we published−0.2%

EQUITIES/26 Aug · 12:56 UTC

States and Meta (META) and agree to settle claims that platforms harmed children, according to a court filing; Meta agrees to pay a maximum of USD 16.68bln to states as part of deal

Market, after we published+2.6%

EQUITIES/10 Sept · 20:10 UTC

Oracle (ORCL) Q1 2027 (USD): Adj. EPS 1.92 (exp. 1.73), Revenue 19.3bln (exp. 19.13bln).

Market, after we published+10.1%

EQUITIES/10 Sept · 11:52 UTC

Yemeni Houthis are on the verge of complete control over the Bab al-Mandab Strait with control over the city of "Al-Mukha", IRNA reports.

Equity indices, after we published−0.4%

Newsquawk Daily

Get both market opens in your inbox.

This note and the other one — the EU open and the US open, every business day, written by the desk. No account needed.

Related headlines

The whole workspace, free to try.

© 2026 Newsquawk. All rights reserved.