Huawei’s first 5G phone Mate 20X 5G is priced too much for the Chinese consumers and some the early adopters are already in the mood to avoid it. Amid all of this, the company has announced that affordable 5G phones are coming next year.
On May 10, Yang Chaobin, president of Huawei 5G product line said, that the development of a 4G network was faster than 3G and the development of the 5G network will be faster than 4G.
Yang expressed that looking back to the development of 4G, it took three years to launch the 4G services in public and a thousand yuan phone was available after 4 years but with the 5G network, the first thousand yuan 5G phone will be listed only in one year, possibly by the end of 2020 and if it delays then it’ll happen in 2021.
His comment came after China Unicom announced the price of Huawei Mate 20X 5G, which is 12800 yuan ($1882) which is almost double to its European version priced at 6600 ($981) and other first batch 5G phones are also priced over 10,000 yuan ($1465).
An industry official said that the current prices announced by China Telecom are only a symbolic price and the retail price is yet to come, which will be much lower than the currently announced prices.
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