Xiaomi on Thursday unveiled its new XRing O1 integrated circuit (IC) – designed to power the company’s next-generation smartphones and tablets – that it claims bested the performance of Apple’s latest A18 Pro chip in certain benchmark tests. “I have confidence to say that the XRing O1 is very strong,” Xiaomi founder, chairman and chief executive Lei Jun said on Thursday at an event in Beijing, where the firm’s in-house-designed system-on-a-chip (SoC) was launched, alongside the 15S Pro...