According to Digital Chat Station, the Redmi K40 series will be launching this month as three models in China and India. Lu Weibing continues to hype the Redmi K40 series too, having now claimed that it will have the best flat screen of any smartphone released in 2021.
https://www.notebookcheck.net/Xiaomi-set-to-release-three-Redmi-K40-series-devices-initially-as-Redmi-General-Manager-boasts-that-the-Redmi-K40-has-the-best-flat-screen-of-any-2021-smartphone.517836.0.html