For what it's worth, at least for Apple phones, I think he's wrong about there being any component that matches the description he's provided that is a memory corruption bug away from being able to overwrite AP memory (and I'm even more sure there's no component that can do that to the SE).
But I'm not sure what exactly they're talking about, so it would be weird to rebut at this point.
Both Google and Apple design against the baseband chips as adversarial components. Before we play the "but HSIC is complicated and there's DMA in it", we're talking about security teams that have designed and implemented encrypted memory busses; I think they can handle bog-standard interconnects. I can't speak to random Xiaomi phones, but the baseband security risk story on modern flagship phones is pretty much a myth.
"Phones are insecure because baseband DMA" is a pretty reliable way to spot people who, for lack of any better way to put it, tend to get their security news from Boing Boing.
I've done some platform work on phones, but I'm not close to a leading expert on this stuff (I'm an old-school bug hunter with a focus on crypto bugs, which drags me into some odd corners sometimes). I try hard not to assume that my exposure to this stuff means I know more than other people, not least because that habit has gotten me pantsed in debates with people who know a lot more than me. Modern phones are super complicated and I do not have their block diagrams available to recall from memory. Maybe there is some component that can DMA over arbitrary AP memory that I just wasn't aware of. Are you aware of one? Have you worked on these systems?
However, I'll admit that you seem more knowledgable than me on the subject, so I won't spout FUD if you say so.
For those of you playing along at home, it's this "there are a lot of crappy Android phones" thing that dominates our concerns about Android, and is the reason we recommend to laypeople (lawyers, reporters, NGOs) to get iPhones and avoid Android phones.