HMD Global executive says to expect a value priced 5G Nokia phone next year

HMD Global executive says to expect a value priced 5G Nokia phone next year
For the most part, buying a 5G phone now is not cheap. Even if you were to buy a Moto Z4 and pair it with the 5G Moto Mod, the retail price of the pair comes out to $850 (although you can pay just $10 a month over 24 months for the phone when you add a new Verizon line). The LG V50 ThinQ 5G will set you back $1,000 at Verizon and Sprint, the Galaxy S10 5G is priced at $1,100 at AT&T and the Galaxy Note 10+ 5G can be pre-ordered for $1,300 from Verizon. While the OnePlus 7T Pro is expected to bring the company's value pricing to a 5G handset in the U.S. later this year, HMD Global might even have a cheaper 5G phone in the market by early next year.

According to Digital Trends (via Android Police), HMD Global is working on a 5G phone that will sell for about 50% of what today's 5G enabled handsets are priced at. This is the company that produces Nokia smartphones under license from the company. If HMD Global's chief product officer, Juho Sarvikas, is right, we could see Nokia's 5G phone priced in a range between $500-$650. The executive says that HMD is working tightly with chip designers like Qualcomm, and is also talking to U.S. carriers. There are no unlocked 5G phones at the moment, so the Nokia value 5G model is expected to be offered locked to major U.S. wireless operators. While Nokia phones have basically been available unlocked through retailers like Best Buy, it does offer five models available from U.S. carriers such as Verizon, AT&T, and the latter's pre-paid Cricket Wireless unit.

Nokia's value-priced 5G phone could be unveiled in February at MWC 2020 in Barcelona


5G is the next generation of wireless connectivity and will deliver download dataspeeds 10 times faster than 4G LTE. While all four major U.S. wireless providers are testing 5G in various markets, the first national network is expected to come from T-Mobile next year. The latter will use a combination of low-band spectrum (travels far, penetrates structures well), mid-band spectrum (possibly the 2.5GHz currently owned by Sprint) and mmWave spectrum (travels over short distances but has a large capacity and offers fast dataspeeds) to build its 5G pipeline. Once a coast-to-coast network is completed, 5G will help create new industries and businesses, some of which we can't even begin to think about now.


Nokia could unveil its 5G value phone during the 2020 Mobile World Congress (MWC) in Barcelona. The annual event will kick off on February 24th and end February 27th next year. We should also see a more reasonably priced phone introduced next year by Motorola that can connect to a 5G network without the need to attach a 5G Moto Mod. And while certainly not in the value category, by the end of the third quarter of 2020 Apple will surely introduce its first 5G iPhones. This will come as part of a major redesign with new screen sizes, new features (like an in-screen version of Touch ID) and a smaller notch. The phones will support both mmWave and sub-6GHz 5G networks. While Apple will use Qualcomm's 5G modem chips for a few years, it is expected to eventually design its own. After all, last month Apple bought most of Intel's smartphone modem chip business for a reported $1 billion.

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4 Comments

1. meanestgenius

Posts: 22035; Member since: May 28, 2014

Awesome! Bringing a 5G smartphone at a much lower price point makes it easier for more consumers to experience this technology sooner that otherwise would not be able to with the current price of 5G smartphones. And with HMD actively developing more relationships with U.S. carriers besides AT&T, Cricket and Verizon, no one can complain about the U.S. market being left out, as is what often happens here (even though most of HMD’s newer smartphones are available in the U.S.). HMD has been bringing pretty good value for money smartphones to the market with their Nokia branded smartphones, which is something that is sorely needed this side of the world, as only Motorola has been doing so, but their update policy isn’t good at all, to put it kindly. OEM’s like Honor, Xiamoi and others have been providing value for money smartphones in the Asian and European markets, and doing a great job at it. We need a value for money smartphone OEM on this side of the world that also cares about updates (they don’t have to me “day one”, as those often lead to bugs and issues. Just ask the Pixels, lol), and HMD looks to be it. I’m eagerly looking forward their new smartphone releases besides this one.

3. Venom

Posts: 3541; Member since: Dec 14, 2017

I'm not going to make a long winded sales pitch or deflect by taking shots, but I will say that Nokia needs to understand that value exists in the midrange segment. Motorola has the Moto G and that phone has done well because it has great specs with an affordable price and it's unlocked for ALL carriers. Then there's the best phone ever, the Pixel 3A XL, that of course offers the best Android experience with great specs for the price and is usable on ALL carriers. Just my thoughts on the matter.

5. meanestgenius

Posts: 22035; Member since: May 28, 2014

I’m not going to take shots at someone’s comment in an attempt to pick a fight and then deny it, or use an article about Nokia smartphones to make some inadequate sales pitch for Motorola and Google, but I will say that HMD already understands that value exists in the midrange segment. That’s why you see them focusing on that and the low end, where there is the most growth in the smartphone market. Not only are Nokia branded smartphones doing well, but they are well built, have good cameras, and have better updates than what Motorola has to offer. They also offer a better experience on Android than other stock Android smartphones like the Pixels, which consistently have had issues from the OG Pixel through the latest iterations. Just my thoughts on the matter.

6. Venom

Posts: 3541; Member since: Dec 14, 2017

I'm not going to cry and throw a hissy fit just because I don't agree with what was said in other comments. I'm not trying to pick a fight despite the erroneous accusation. It's an open forum available for anyone to comment on anything tech related so some whiny, overzealous fans need to get over it. I agree that Nokia has a better track record of updates based on their history with their non Android One phones, but that doesn't mean that they are better phones. Motorola has two important features that are not available on any phone - chop for flashlight and twist for camera. Even the AOD that phones have owe that to Motorola's Moto Display. Nokia phones being well built is debatable since they are facing scrutiny on the forums for a plethora of issues that some people deny.

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