HMD Global chief Juho Sarvikas confirmed in an interview that a 5G Nokia phone will launch in 2020 and could cost half the price of what exists today.
ome 5G smartphones already exist and are ready to buy, provided you have a lot of money at your disposal. 5G phones are expensive right now, but that's something a few OEMs are working to fix. HMD Global that makes Nokia smartphones is one of the brands that is looking to bring affordable 5G phones to the market. The chief product officer for HMD, Juho Sarvikas, has confirmed that a 5G Nokia phone will launch in 2020 and will cost half the price of what exists today.
In an interview with Digital Trends, Sarvikas said that the company is making a "value flagship 5G smartphone" that will launch in 2020. What the company hopes will set it apart from the competition is that it will be an "affordable" 5G flagship smartphone. How affordable? Well, the HMD chief said that it could be half the price of 5G phones that exist today.
"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."
Sarvikas' words cannot be taken as a definite confirmation that the 5G Nokia phone will cost half of what a typical 5G flagship phone costs right now, but it does sound hopeful to say the least.
Popular 5G phones that currently exist from brands like Samsung and LG in markets like the US cost roughly around USD 1,000 (approx Rs 70,000). Even the OnePlus 7 Pro 5G, which comes from a brand known to make affordable flagships, costs between EUR 800 to EUR 900 (approx Rs 63,000 to Rs 70,000). So for HMD Global to launch a 5G flagship phone at half these prices, would certainly be interesting to see.
5G services are expected to begin in India next year, so it is possible to see HMD's 5G Nokia phone come to the Indian market in 2020. The company is not alone in its aim to launch cheap 5G phones. Recently, Realme India CEO Madhav Sheth told India Today Tech that the company plans to launch affordable 5G phones in India next year before 5G services even begin.
PUKmedia \ Indiatoday