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The third largest smartphone maker Xiaomi is on its way of making it's own semiconductors for its mobile devices. In fact the company had bought a major share in Chinese semiconductor make Leadcore last year.
This new move was triggered by Xiaomi's aim to launch their super budget Redmi devices at further cheaper rates. Xiaomi had launched their budget Redmi 1S last year in 2015 and it had gained a huge fanfare worldwide. It sold like hot pan cakes and eventually attained the crown of the 'Highest Selling ' device in the world.
But a year later when the Shenzhen based company launched their second gen of the device dubbed the Redmi 2, the device failed to be as successful as its predecessor. And that's mainly because of the fact that other Chinese and Indian OEMs like Lenovo, Micromax and Yu had caught up with the budget pricing race.
Hence Xiaomi wants to add a new dimension to this VFM (Value For Money) race by using their own SoC in their budget devices. At present the company mainly uses SoCs sourced from leading chipset makers like Qualcomm and Mediatek. Since the report by CN Beta claims that we won't get to see devices running the company's own Leadcore device before the start of next year, Redmi Note 2 might eventually come with a Snapdragon 615 or a Mediatek 6752 SoC.
The first device running the company's own Leadcore SoC was seen a few months back with the Redmi 2A. The device though only sells in China. A few rumours suggest that Xiaomi may soon bring the device to India at a price tag of just Rs 4,999. In fact the SoC used under the hood is quite powerful and scores better than the SD410 (Redmi 2) in Antutu Benchmark.
Xiaomi will still continue to use the Qualcomm SoCs though in their Flagship devices.