Huami Technology, a Xiaomi eco-chain company, will launch its in-house developed third-generation wearable chip soon, said Huang Wang, founder, chairman, and CEO of the company at Chinese media GeekPark's Innovation Conference 2021 on Sunday.
In 2018, Huami released the world's first self-researched artificial intelligence chip in the smart wearable field, "Huangshan-1."
The chip integrates a neural network acceleration module and an AON (Always On) module to improve the efficiency of locally processing AI tasks and automatic collection of sensor data.
In June 2020, Huami announced the launch of the Huangshan-2. The chip is still built on RISC-V architecture, and for the first time includes a C2 coprocessor, which greatly improves local computing power and reduces overall power consumption by 50 percent.
In October 2020, Huami Technologies announced that the strategic cooperation agreement with Xiaomi will be extended for another three years.
Under the terms of this extension, Huami will maintain its existing optimal partner status in the development of Xiaomi wearable products. Under the agreement, the two companies will also establish an optimal strategic partnership in the development of AI chips and algorithms for wearable devices.
Currently, the smart wearable market is in a period of rapid growth. Global sales of wearable devices are expected to be $69 billion in 2020, up 49 percent year-on-year; sales in 2021 and 2022 will reach $81.5 billion and $93.9 billion respectively, according to Gartner data.