Pocophone teased, to feature powerful Qualcomm chip, high-speed performance

Xiaomi sub-brand Poco to offer a premium phone with superior performance with an affordable price tag.

Xiaomi has started teasing its first phone under the new Pocophone brand. The company, however, hasn’t yet confirmed the name and the launch timeline of the phone, but the teasers suggest is that the Pocophone will be a fast performing device. Previously, rumours had hinted that the smartphone will be named as Pocophone F1 equipped with a Snapdragon 845.

It has now been officially confirmed that Poco will partner with Qualcomm for its first phone. Poco India recently posted on its official Twitter handle announcing the collaboration. The Pocophone is rumoured to launch in Europe and India simultaneously and the Twitter handles for both Poco India and Poco Global have gone live.

The post although doesn’t officially reveal the presence of Snapdragon 845 in the Pocophone, but since the company is emphasizing on the fast performance of the phone, it is highly likely that SD 845 will be on board. “Not just peak performance speed, but actual, real world speed” #GoPOCO,” the company notes in a post. With the peak in updates and teaser from the company, we can expect the phone to be launched soon.

Jai Mani, product head for the Poco project, on the other hand talking about Poco said, ‘pace of innovation in the smartphone industry has slowed down, while prices are creeping up’. The product from Poco brand will buck the trend meaning it will be an affordable device with premium performance, he added.

An earlier report suggested that the handset will feature a 12MP+ 5MP dual rear camera setup and a 20MP front camera with ‘super pixel’ technology, also available on recently-launched MI A2 device. In addition, it will boast at least 6GB of RAM and 64GB of internal storage going up to 8GB of RAM and 128GB of flash memory. The specifications are based on rumors and nothing has been confirmed by Xiaomi officially.

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Innovations in payment options are making premium products more accessible

No need for documentation or applications to own high-quality items

Credit cards have long been associated with an aspirational lifestyle. The ability to buy something out of your wish list without needing to pay the entire amount can tempt even the most disciplined shoppers. A designer couch, the latest mobile phone, a home entertainment system or a car, as long as you can pay back the borrowed amount within the grace period, your credit card purchases know no bounds.

However, credit cards, pre-approved or not, come with a number of complications. The tedious application procedure starts with the collection and submission of various documents. Moreover, there are several reasons your credit card application might get rejected including low income that compromises your repayment capability, certain occupations or work history, mistakes in the application form, possession of multiple cards or even a failed physical verification attempt. While applying for a credit card might have become easier, the success of the application can take time and effort.

Credit card owners are regaled with benefits all year round with attractive EMIs, offers on purchases, airline miles, lounge access, cashbacks and a plethora of exclusive deals. It’s worth noting that debit card owners don’t get even half of these benefits and offers, despite the sheer size of the debit card customer base in the country (846.7 million compared to 36.2 million credit card holders).

This imbalance of finance and purchase options between credit card and debit card owners is slowly changing. For instance, the new EMIs on debit card feature on Flipkart ensures affordability and accessibility to Indian consumers who don’t own credit cards. The payment innovation increases the purchasing power of the consumer. By providing credit access to non-credit card holders, expensive and high-quality products are made more affordable for a large base of customers without denting their cash flow. The video below comically captures a scenario that people who don’t own a credit card will relate to.


Flipkart’s EMIs on debit card feature doesn’t require a minimum account balance, documentation, nor does it charge a processing fee, making online shopping a seamless experience even for more high-end products. To find out if you’re eligible for EMIs on debit card, see here.

This article was produced by the Scroll marketing team on behalf of Flipkart and not by the Scroll editorial team.