5G Smartphone Prices to Reduce to 3000 Yuan ($434)


5G license

Though there are a few 5G-enabled smartphones announced by top manufacturers, this technology is not available to large masses yet. The only smartphone with such a capability is commercially available in South Korea. As you guess, we are talking about the Samsung Galaxy S10 5G. But China is going to be the leader in this market. So it’s expected we will see more and more 5G smartphones in the nearest future. Today, an independent telecommunications analyst Fu Liang said that the current Chinese 5G phones are offered at 8000 yuan ($1158) or more. But this is going to change soon. Once the 5G network runs in all its power, the prices will be decreased to 3000 yuan ($434).

vodafone 5g

On June 3, the Ministry of Industry and Information Technology announced that it will issue 5G commercial licenses in the near future. It has also publicly stated that China’s 5G has a commercial base. Once MIIT issues 5G commercial licenses, China will officially enter the 5G commercial year. In this regard, Fu Liang believes that the 5G commercial license will be issued as soon as this week. After two months, the 5G tariff package will be introduced. The price will not be higher than the 4G package, but the outbreak of 5G users will wait until next year.

Not that long ago, China Daily reported that China will commercialize the 5G network nationwide on October 1. The base stations in mainland China will be provided by Huawei, ZTE and Ericsson. According to reports, Michael Wen Wenhao, deputy general manager of ZTE’s 5G industrial product line, revealed at the 5G conference held in Hong Kong on Thursday that “China is likely to start commercial 5G network nationwide on October 1st.” He also stated that he got the information from Chinese operators.

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