In fact, there is a question, how did we know that Xiaomi is not going to do the research and development of this mobile phone chip? Xiaomi’s announcement to make a car is just an announcement, but he must have invested in the research and development of this chip. The reason why he does not claim to be a large proportion is that there are two directions. The first point is that Xiaomi has been doing mobile phone research and development. The research and development of this chip does not need to be specifically promoted. How much investment is needed and how to do this, so the public does not understand it. On the other hand, it is a supply chain problem of the whole domestic industry of mobile phone chips. If Xiaomi suddenly broke out that it has invested heavily in it, it would be difficult to do a research and development, or even develop a whole chip. The protection of the United States will still be a blow to Xiaomi models. With this lesson learned from Huawei, Xiaomi may not deliberately promote and declare the content of this part, and he will do more. So here is no need to pay too much attention to why Xiaomi does not claim to invest in chip production. In fact, he has been doing it. Vivo, OPPO, and Xiaomi are actually doing it, but they will not go too far to claim that they are doing this. Part of the content. Because the chip, whether it is made into a finished SOC, or a certain part of an image chip, or a communication chip, or related content of a radio frequency chip, it is mainly used to enhance the competitiveness of one of its own mobile phone products. So this is the field that the mobile phone industry must be involved in, that is, the chip field. And Xiaomi’s claim to be a car is actually an expansion of its business line. It can’t be said that only the mobile phone business will be done. Mobile phones are a center of the ecosystem of the Internet of Everything. This center must be continuously expanded. Whether it is cars or smart homes, it is a direction for mobile phones to expand outward. It needs to be linked. For example, Huawei and Apple actually both have car-related businesses.