Xiaomi already has two brands with Mi and Redmi, now we have a new brand landing soon with POCOPHONE. Yes, the weird name is for the upcoming another brand probably fro European markets which will be launching soon.
As per the source, Xiaomi has already filed an EU trademark for the word POCOPHONE which will be the third sub-brand from Xiaomi. As the trademark is filed with EU there are chances of the new sub-brand based smartphone might be launching soon in European countries.
We already have the first smartphone under the new brand POCOPHONE already passed through NCC listing in Taiwan. As per the listing the device is listed as M1805E10A. As per the NCC, the device is manufactured by Xiaomi and comes under brand POCOPHONE.
The upcoming POCOPHONE specs include Dual Band wifi, GPS, GLONASS and 4G LTE support. Apart from this, nothing much about the device is leaked.