Huawei has a plan to reduce the cost of 5G phones to $150 (about Rs 10,500) or less.
If you’re planning to purchase a 5G enabled smartphone, one of the likely reasons holding you back is the cost of these devices. Smartphones that support 5G right now are often expensive devices costing above $300 (roughly Rs 21,000).
Huawei could launch budget 5G phone costing less than Rs 11,000 by 2021 According to GizChina reports, Yang Chaoying, the president of Huawei’s 5G product line, the company will produce a cheap $150 (around Rs 10,600) 5G phone by late 2020, or early 2021.
The news falls in line with more and more affordable 5G enabled chipsets being spotted. Budget 5G chips like the MediaTek 1000L and the Qualcomm Snapdragon 765G are steps towards 5G coming to budget devices. We will eventually see cheaper 5G phones as the technology becomes more mainstream.
In 2019, Huawei led the 5G phone market by selling shipments of over 6.9 million units. The number is over half of the total 5G phone sale numbers in China. One of these devices is the folding Huawei Mate X. The Mate X features the Balong 5000 SoC, the industry’s first 7nm multi-mode 5G terminal chip. The chip supports both the SA and NSA networking methods. Further, it is even backwards compatible with network standards like 4G, 3G, and 2G.