In a recent interview with a Chinese media CNMO, Huawei's President of 5G Product Line, Chaobin Yang confirmed his company's plans on introducing the world with affordable 5G smartphones by the end of this year or by the beginning of 2021. According to Yang, 2019 has been the first year of commercializing 5G in the global market, as as we move froward we can expect Huawei Technologies Co., Ltd. from Shenzhen, China to launch 5G supported middle-ranged or even entry-level devices to the market under the price range of 150 USD or 1000 Chinese Yuan. He also mentioned that, at present 5G smartphones are available with an expensive price tag that at least costs around 5000 RMB or $728.89 when converted, which is much higher from an average consumer's expectations. With brands like TCL announcing more cost-efficient models with the start of 2020, Yang believes that this trend may last for a long time.
The goal of communication technology is to improve consumer experience and reduce user costs, said Chaobin Yang, President of 5G Product Line, Huawei.Source: CNMO