1) A general term for audio gear from Chinese brands. Nowadays it mainly refers to in-ear monitors (IEMs,
earphones) made by Chinese brands. They range from being very cost-effective to being very upmarket.
2) An
addictive potent drug that starts out cheap but gets ridiculously
expensive to achieve that same 'high' again.
1)
Examples of Chi-fi brands (in general) include FiiO and Shangling.
Examples of Chi-fi brands (IEMs) include KZ, Moondrop, Tanchjim, TINHIFI, BLON, Fearless Audio, etc.
2) I used to have plenty of money in my savings, that is until I got hooked on chi-fi. Now
I'm broke. Grrrrr, chi-fi...