Xiaomi on Tuesday debuted its latest flagship phones in China, the Xiaomi 15 and Xiaomi 15 Pro, which are the world’s first smartphones to feature Qualcomm’s latest Snapdragon 8 Elite chipset. The Xiaomi 15 series is the first smartphone to use Qualcomm’s next-gen custom Oryon CPU mobile platform, which is Qualcomm’s fastest CPU (Central Process Unit) to date, featuring two super cores with a clock speed of up to 4.32GHz and six performance cores at 3.53GHz. Xiaomi plans to invest over RMB 24 billion ($3.37 billion) in research and development this year, according to CEO Lei Jun, with a focus on technologies such as AI, operating systems, and chips. Notably, the Xiaomi 15 custom edition offers 20 color options and can be customized through the Xiaomi Mall platform. It is priced at RMB 4,999 ($702). [TechNode reporting]