Poco announced that it had become an independent company in January, and now it has done the same globally. It is unclear whether Poco India and Poco Global are the same company, and the latter's statement is light on detail. However, you can read it here. Digging a little deeper reveals that:
POCO still shares certain resources with Xiaomi that support essential back-end functions such as supply chain/manufacturing, after-sales support and quality assurance procedures.
Apparently, Poco Global is an independent brand insofar as it has 'its own product, sales and marketing teams'. The announcement came the same day as Poco announced the M3, its latest mid-range smartphone. The company had teased almost all the specifications anyway, and there are no surprises. As expected, the device has a 6.53-inch display that resolves at 1080p and a waterdrop notch that contains an 8 MP camera. There is also a 48 MP primary camera supported by 2 MP macro and depth sensors.
Additionally, the device has a 6,000 mAh battery, a Snapdragon 662 SoC and 4 GB of RAM. The Poco M3 will be available in two storage configurations starting at US$129 with 64 GB of UFS 2.1 storage. Poco will charge another US$20 for 128 GB, but this model will also have the faster UFS 2.2 storage. All versions will support microSD card expansion, though. Finally, the Poco M3 will arrive on MIUI 12 with Android 10.
The Poco M3 will be available to purchase from November 27 on AliExpress, Amazon, Alza.cz, Emag, Lazada, Mi.com, Mi-Home Poland and X-Kom. However, it seems that the device is only available to pre-order on AliExpress for the time being.