Xiaomi is slated to launch the Ultra version of the Mi 11, not to mention the latest generation of the Mi Mix line, on March 29, 2021. It now seems that another kind of product might take the stage alongside them: a new Surge SoC. This in-house chipset might be intended to power the next generation of the OEM's connected ecosystem devices.
https://www.notebookcheck.net/Xiaomi-hints-at-a-debut-for-its-new-in-house-chipset-at-the-Mi-11-Ultra-launch-event.529563.0.html