28 June 2019
Smartphone makers are gearing up to launch the world’s first 5G smartphones, with the launch if the first 5g network in South Korea last month. The first European 5G network has also been launched in Switzerland, and three 5G smartphones have also hit the European market. However, all the 5G phones launched to date have been expensive devices.
Chinese smartphone maker Huawei’s executive Yang Chaobin says that the first affordable 5G phones are expected to be launched by 2020 end. Similar to how 4G networks spread faster than 3G networks, the overall 5G development is also expected to be faster than 4G. The Huawei executive stated that 4G phone took about three years to hit the shelves, however affordable 5G phones will hit in just 1 year.
By the end of 2020, more affordable 5G offerings will hit the market with 5G connectivity and by 2021 there may even be entry-level 5G handsets.
As of now, the most affordable 5G smartphone launched till date is the Xiaomi Mi Mix 3 5G which is priced €599. Huawei has launched the Mate 20 X 5G for €800. Under the hood, it is powered by a Kirin 980 chipset paired with a Balong 5000 5G modem that can reach speeds up to 6.5 Gbps thanks to mmWave.
Right now, 5G devices are very expensive and 5G network speeds are also not very good. The prices of 5G devices and the network is very high, and it costs about 2 times more as compared to a corresponding 4G phone.