According top market research companies in India, HMD Global plans to engage with key industry partners to make 5G-enabled smartphones more affordable for the Indian market.

“…that’s our priority to bring the 5G experience stronger in our smartphone line up,” he added.

Our goal is simple: to offer a great experience at an affordable cost. We’ve shown that in the US market with what we are doing with operator customers.

We don’t just want to launch new devices—we want to make sure our customers have a great experience as well!

However, the current prices of 5G chipsets are higher than 4G chipsets hence prices are not coming down sharply.

Vice President, HMD Global said that launching devices in the $100-$150 is a function of demand and supply. However, the current prices of 5G chipsets are higher than 4G chipsets hence prices are not coming down sharply.

“As of now affordable 5G devices are around Rs 14,000-15,000 and are slowly coming down.

The next generation of smartphones is coming to India, and it’s going to be a big one.

. At the end of March, 5G smartphones were 29% of total smartphone shipments, according to Counterpoint.