HMD Global – the home of new Nokia branding is reportedly working to bring cheaper 5G phone to the market. This has been disclosed by Juho Sarvikas, chief product officer at HMD while talking to Digital Trends. He emphasized that the current wave of 5G phones is far too expensive and thus might be out of reach of most of the people.

The media outlet further quoted Sarvikas that HMD was all set to bring their first 5G phone by 2020. He said:

“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”.

Cheaper 5G Phone?

Although, the details about the upcoming launch are quite unclear but it is certain that HMD Global is working to capitalize mid-range segment of the market with their 5G phone. Not to mention that retail pricing of Samsung Galaxy S10 5G is set to $1,299 (£1,099, PKR 200,000) at the moment. It would certainly interesting to see how cheap would be the Nokia 5G next year!

It is quite certain that the present lot of 5G phones are really expensive; the reason being much costly hardware as stated by manufacturers like Samsung, LG and Huawei. Motorola has introduced 5G Moto Mods that offers 5G connectivity on the Verizon network with 2017’s Moto Z2 Force

Meanwhile, Pakistan has become the first South Asian country that has conducted successful 5G trials recently. Zong – a Chinese operator has announced the same on the eve of Independence Day this year. Let us see when the commercial launch of the lightning fast 5G internet lands in the country.