A new Poco smartphone is in development, and it is intended for the global market. However, a recent certification listing suggests that the device may be a rebrand of another upcoming Xiaomi smartphone, the Redmi Note 10 4G.
https://www.notebookcheck.net/Regulatory-body-points-to-the-next-Poco-smartphone-being-a-rebranded-Xiaomi-Redmi-Note-10.498002.0.html