Market Chatter: Taiwan Semiconductor Manufacturing Partners With Xiaomi to Produce Smartphone Chips

06:21 AM EDT, 08/24/2026 (MT Newswires) -- Taiwan Semiconductor Manufacturing (TSM) is partnering with Xiaomi to make a new version of the Chinese smartphone maker's Xring handset processor, Reuters reported Monday, citing unnamed sources. Taiwan Semiconductor will manufacture the chip using its 3-nanometre production technology, the report said. The chip is expected to power Xiaomi's soon-to-be-released folding phone, the report said. Taiwan Semiconductor and Xiaomi did not immediately reply to MT Newswires' request for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)