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Nokia set to release ‘Affordable’ 5G SmartPhone in 2020.

Nokia set to release ‘Affordable’ 5G SmartPhone in 2020.

Nokia is currently working on a value “flagship” 5G smartphone that will debut next year, this according to the company’s Chief Product Officer Juho Sarvikas. It is not a surprise that HMD Global (the Nokia brand licensee) also wants to release a 5G smartphone, given that every major smartphone brand is also working on 5G phones but Nokia wants to make it affordable.

5G is currently available in big countries like US, China, South Korea, and various European markets, also the likes of Huawei and MediaTek are also reportedly working to launch a cheaper 5G phone in early 2020.

In a conversation with Digital Trends, Juho Sarvikas revealed that the upcoming Nokia 5G phone could cost half of what the current crop of 5G phones is priced at, which indicates at a pricing around $500-$600.

“We see a particular opportunity for us in bringing 5G to a more affordable segment as we enter the market,” Sarvikas told Digital Trends. “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.”

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