On the evening of September 25th, Lei Jun, Chairman and CEO of XIAOMI-W, held his 6th annual speech with the theme "Change." During his speech, Lei Jun stated, "Back then, a competitor disbanded their chip team of over 3,000 people without any warning. My phone was instantly flooded with calls and messages, with many people asking whether Xiaomi's chip team would also be disbanded."

He explained that Xiaomi had already suffered a defeat once before, but this time they were determined to persist despite the challenges. He immediately called for an all-hands meeting with the chip team. At that time, everyone was startled, thinking that Xiaomi was also planning to disband the chip team.

The speech highlighted Xiaomi's commitment to its semiconductor development despite industry setbacks and competitive pressures in the chip sector.