For every new wireless technology, bit 3G or 4G LTE all the initial wave of phones are expensive and this is now also the same for 5G smartphones– they are very expensive. The Galaxy S10 5G and Note10+ 5G will set you back $1,300, but HMD Global (maker of all Nokia-branded Android devices) wants to change this cycle and make something substantially affordable.
Speaking to Digital Trends, HMD Global’s Juho Sarvikas confirmed that the company is working on a Nokia 5G phone, which is expected to be roughly half the price of current 5G smartphones. He said,
We see a particular opportunity for us in bringing 5G to a more affordable segment as we enter the market,I would love to see us at half of the price where you have 5G today.
Smartphone with new technology tend to be expensive since the hardware required for 5G connectivity will only become cheaper as time goes on, so it wouldn’t be too surprising to see a phone under $800 or so with the feature. We expect Qualcomm’s next cheaper Snapdragon 800-series SoC will have the 5G modem built-in, instead of being an additional chip, which would bring down the price of entry for 5G.
Nokia however doesn’t confirm if a future 5G smartphones would be worldwide compatible. We can’t wait to see Nokia gamble on a cheaper 5G phone.