Link to official announcement

Looks like the event is Oct 18-20.

Specs:

• SoC – Amlogic S905X (-H?) quad core ARM Cortex-A53 @ up to 1.5 GHz with penta-core Mali-450MP GPU @ 750 MHz
• System Memory – 2GB RAM
• Storage – 8GB flash
• Video Output – HDMI 2.0a up to 4K @ 60 Hz with HDCP 2.2, CEC, HDR10 and HLG HDR
• Video Codecs – VP9 Profile-2 & H.265 MP-10 up to 4K @ 60 fps, H.264 AVC up to 4K @ 30 fps, H.264 MVC up to 1080p60
• Connectivity – 10/100M Ethernet, 802.11 b/g/n/ac Wi-Fi 2×2, and Bluetooth 4.1

I believe thats the same chip that is in the mi box, the question will be if it has the -h which enables dts/dolby support.

Serious doubt whether there is any concordance from Google, and Netflix, (or Microsoft, for that matter, being there is no reference to Playready) in this endeavor.

Likely just more evidence of the Chinese trampling on IP rights.

Sincerely hope I am proven wrong when this device ultimately comes to market.