Redmi's CEO, Lei Jun, has indicated that it will release a phone powered by the latest premium Snapdragon chipset. The executive made remarks to this effect when asked if the newly-release Redmi Note 7 is the new Xiaomi sub-brand's flagship on Weibo. Coincidentally, the brand has also announced that it will be making another device with the Sony IMX586 48MP sensor.
https://www.notebookcheck.net/Redmi-CEO-claims-the-sub-brand-will-launch-a-Snapdragon-855-powered-phone.393571.0.html