5G phones have been on the market for simply over a year now, but we still have not seen a ton of mid-range gadgets with the new connectivity requirement. Now, Vivo vice-president Liu Hong has informed ITHome(h/t: GSMArena )that 5G phones will be much cheaper later on this year. Hong anticipated that 5G phone prices will drop to approximately 1,500 yuan (~$212) by Q4 2020.
That’s a more aggressive prediction than we saw from companies we talked to previously this year. MediaTek and Qualcomm agents informed us that they saw $250 to $300 as the low point for 5G phone costs in 2020.
The ~$285 Redmi K30 5G is perhaps the most affordable 5G phone right now, so it isn’t difficult to think of that rates will be even lower than that.
Chipsets are another element too, as the Snapdragon 765 series is the only mid-range 5G silicon from Qualcomm today. But the US giant has actually formerly verified plans to bring 5G to its budget-focused Snapdragon 600 series, with gadgets set to get here in the 2nd half of 2020. And silicon in this series is typically discovered in sub-$300 devices.
It looks like cost will no longer be a significant challenge when it concerns 5G phones by the end of the year. That just leaves 5G networks as the huge difficulty, as the likes of India, South Africa, and other markets still haven’t rolled out mobile 5G networks.
How low do you believe 5G phone costs will pass the end of the year? Provide us your answer listed below.