The first worldwide 5G network has made its debut in South Korea last month, followed a few weeks later by the first European network, the one launched in Switzerland.
Even the first 5G smartphones have made their debut on the European market but so far these are expensive models while to see a mid-range phone you still need to be patient.
According to Yang Chaobin, Huawei’s executive, the first affordable mid-range 5G smartphones will be available by the end of 2020 and this is a much faster development than the previous generations of new connectivity.
Just as 4G networks have spread faster than 3G, the overall development of the 5G will be even faster than the 4G (Huawei executive reminded that the first 4G phone took about three years to reach the shelves, while the first 5G phone only needed one year).
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). 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.
It is worth to mention that According to IPlytics – authorized patent data firm – the Chinese companies lead in worldwide patent claims related to the new generation network and Huawei is the leader in applications. The fast-growing Chinese company, Huawei was the biggest contender in this race, with a total of 15% of Standards-Essential patents.