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HMD Global Executive Says He Expects A Nokia 5G Phone At A Reasonable Price For Next Year

For the most part, buying a 5G phone is now not cheap. Even if you buy a Moto Z4 and pair it with the 5G Moto Mod, the retail price of the pair is $850 (although you can only add $10 a month for 24 months on the phone when you add a new Verizon line) LG V50 ThinQ 5G it will cost you $1,000 on Verizon and Sprint, the Galaxy S10 5G is priced at $1,100 on AT&T and the Galaxy Note 10+ 5G can be ordered in advance for $1,300 from Verizon. While OnePlus 7T Pro should bring the company’s affordable price to a 5G phone in the US. Later this year, HMD Global may also have a cheaper 5G phone on the market early next year.

According to Digital Trends, HMD Global is working on a 5G phone that will sell for about 50% of the current cost of 5G capacity phones. This is the company that produces Nokia smartphones with the company license. If the product manager of HMD Global, Juho Sarvikas, is right, we could see that the Nokia 5G phone is priced between $500 and $650. The executive says that HMD is working closely with chip designers like Qualcomm, and also, you’re talking to American traders. There are currently no 5G phones unlocked, so Nokia’s 5G value model should be offered stuck to major US wireless operators. While Nokia phones were basically available unlocked through resellers like Best Buy, it offers five models available from US operators such as Verizon, AT&T, and the latter Cricket prepaid wireless unit.

“We see a particular opportunity for us in bringing 5G to a more affordable segment as we enter the market. I would say affordable in relation to what’s available today. I would love to see us at half of the price where you have 5G today.” – Juho Sarvikas, chief product officer, HMD Global

Nokia’s value-priced 5G phone could be presented at the MWC 2020 in Barcelona in February

5G Nokia phone

5G is the next generation of wireless connectivity and will offer download speeds 10 times faster than 4G LTE. While the four major wireless service providers in the US. They are testing 5G in several markets, the first national network should come from T-Mobile next year. The latter will use a combination of low-band spectrum (travels far, penetrates well into the structures), medium-band spectrum (possibly 2.5 GHz currently owned by Sprint) and mmWave spectrum (travels short distances but has a large capacity and offers high data rates) to build your 5G tube. Once a coast-to-coast network is completed, 5G will help create new industries and activities, some of which we can’t even start thinking about right now.

Nokia was able to present its 5G phone during the 2020 Mobile World Congress (MWC) in Barcelona. The annual event will start on February 24th and end on February 27th next year. We should also see a phone with a more reasonable price presented by Motorola next year that can connect to a 5G network without the need to connect a Moto Mod 5G. And although it is certainly not in the value category, by the end of the third quarter of 2020, Apple will certainly present its first iPhone 5G. This will come as part of an important redesign with new screen sizes, new features (like a Touch ID screen version) and a smaller notch. The phones will be compatible with mmWave and sub-6GHz 5G networks. While Apple will use Qualcomm’s 5G modem chips for a few years, it is expected that it will eventually design its own. After all, Apple bought most of the Intel smartphone modem chip business for $1 billion last month.

(Via: Android Police)

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