Yesterday, Xiaomi announced that its Redmi series of phones would no longer just be a line of phones and will now be a sub-brand of its own, a move that mirrors the relationship between Huawei and Honor, or OPPO and Realme.
https://www.notebookcheck.net/Redmi-is-now-Xiaomi-s-high-value-sub-brand-will-set-sail-with-new-a-48-MP-smartphone.390906.0.html