India Chief Manu Kumar Jain says that the company feels that Poco is capable of operating on its own, as it has grown its own identity after the success of Poco F1. The Poco F1 was priced aggressively, but offered flagship level specifications and performance.
source https://gadgets.ndtv.com/mobiles/news/poco-xiaomi-independent-brand-announcement-redmi-profile-photo-change-2165501
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