Chinese tech giant Xiaomi's brand Redmi has joined the country's 5G smartphone and smart speaker race to tap emerging markets.

The brand unveiled its first 5G handset and smart speaker among other products on December 10.

Priced from 1,999 yuan (about $284), the Redmi K30 5G features Qualcomm's Snapdragon 765G processor.

With voice command functions, the Redmi AI Speaker Play serves as a control center to easily command smart devices, such as turning on and off lights and televisions. The product costs 79 yuan.

Redmi, a smartphone series under Xiaomi Corporation, became independent from the Xiaomi brand in January as the company seeks a multi-brand strategy to improve its product portfolio.

The group is stepping up investment in 5G, artificial intelligence and the Internet of Things in a bid to seize the opportunities in China's emerging smart economy.