The 5G-enabled smartphones available today come in Samsung and LG: the Galaxy Note 10 Plus 5G costs $ 1,300 and the LG V50 ThinQ 5G costs about $ 1,000. HMD Global intends to break into the race of smartphones with ultrafast mobile Internet and hit with an extremely low price, which, according to the manufacturer, will not only attract potential buyers, but also accelerate the deployment of 5G networks, increasing the number of subscribers and thereby increasing demand.
“We see an opportunity for us to bring 5G networks to a more accessible segment as we enter the market. We will offer smartphones to customers at half price,” commented Juho Sarvikas.
Nokia can expect fierce competition from companies such as Motorola and OnePlus, which will also push for 5G with their own cheaper offerings, but Nokia 5G smartphones ranging from $ 500 to $ 600 will be more attractive among competitors.
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Also in a recent Twitter post, Sarvikas shed light on Nokia’s plans to upgrade existing smartphones to Android 10. The first three phones to receive the update in the fourth quarter of 2019 are Nokia 9 PureView, Nokia 8.1 and Nokia 7.1. Other models will receive an update in 2020. HMD Global intends to update almost the entire line of its current models to Android 10, ending with Nokia 1, 2.1, 3.1 and 5.1 devices.