Xiaomi is spinning off its Poco brand into a new company

6:02am PST - January 17th, 2020    chinese new year 2020 - Engadget

Last year, Xiaomi managed outdo OnePlus by releasing the powerful Pocophone F1 smartphone with a Snapdragon 845 processor for just $300. Now, the Chinese company announced that it's spinning that sub-brand off into a whole new company called Poco, according t…