SMSL D200 Launch Review: Full Comparison with the D300

SMSL D200 – Next-Gen ROHM DAC with CK-03 Clock & MQA

The SMSL D200 is the brand-new high-resolution desktop DAC from SMSL, designed as the natural evolution of the popular D300. Featuring the latest ROHM BD34352EKV DAC chipset, upgraded CK-03 clock processing, XMOS XU316 USB interface, and full MQA & MQA-CD decoding, the D200 raises the performance ceiling while retaining the musical charm of its predecessor.

SMSL D200 decoder ROHM BD34352EKV DAC Chip CK - 03 Clock MQA Bluetooth 5.1 LDAC PCM768 DSD512 DOP64 - The HiFi Cat

Why D200?

  • Built around ROHM’s latest BD34352EKV DAC – improved linearity, lower distortion, and more natural timbre compared to BD34301EKV in D300.
  • CK-03 self-developed clock – lower jitter, external 10MHz clock input support for reference-grade setups.
  • XMOS XU316 USB Processor – faster, more stable, supporting PCM 32-bit/768kHz and native DSD512.
  • Full MQA & MQA-CD decoding – delivers studio-master sound quality directly from Tidal or MQA CDs.
  • Improved 1.9″ laminated glass display – clearer interface, Bluetooth lyrics display, playback control.
  • Bluetooth 5.1 with Qualcomm chipset – supports SBC/AAC/aptX/aptX HD/LDAC.
  • Refined all-metal chassis & premium PSU design – lower noise floor, high stability.

D200 vs D300 – Key Differences

Feature SMSL D200 SMSL D300
DAC Chip ROHM BD34352EKV (newer, higher performance) ROHM BD34301EKV
Clock System Self-developed CK-03, supports external 10MHz clock input CK-02, no external clock input
USB Processor XMOS XU316 (latest generation) XMOS XU208
Resolution Support PCM 32-bit/768kHz, Native DSD512 PCM 32-bit/768kHz, Native DSD512
MQA Decoding Yes (MQA & MQA-CD) No
Bluetooth Qualcomm 5.1 (LDAC, aptX HD, aptX, AAC, SBC) Qualcomm 5.1 (LDAC, aptX HD, aptX, AAC, SBC)
Display 1.9″ laminated tempered glass, lyrics & playback control 1.9″ color display, basic UI
THD+N 0.00019% (-114dB) 0.00015% (-116dB)
Dynamic Range XLR: 123dB · RCA: 121dB XLR: 127dB · RCA: 125dB
Weight 1.214 kg ~1.0 kg

Conclusion

The SMSL D300 was already a fantastic DAC with the ROHM BD34301EKV chip and natural sound tuning. However, the SMSL D200 takes it further with a newer DAC chip, MQA/MQA-CD support, advanced CK-03 clock with external input, and a more powerful XMOS XU316 processor. For listeners who demand the latest decoding technologies and studio-master MQA playback, the D200 is the clear upgrade.

SMSL D200 Launch Review: Full Comparison with the D300 - The HiFi Cat
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