Xiaomi reported to produce their own series of processor- Pinecone

Chinese company Xiaomi is set to introduce its own line of a processor according to a report from The Wall Street Journal. The processor will be named Pinecone and the chip will be delivered within the month alongside it upcoming smartphone, the Xiaomi Mi 5c.
The news of Xiaomi producing its own chips was rumoured around 2015 when the vice president of processor manufacturer LeadCore announced a partnership with Xiaomi to help it design it. If the news is true, Xiaomi will be second Chinese smartphone manufacturer, after Huawei to produce its own processing units.
Other manufacturers who have implemented their own chips are Samsung with "Exynos" chips and Apple with its "A" range of processors.

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