Samsung salivates over projected 5G phone prices, touts the Note 10's S-Pen

Samsung salivates over projected 5G phone prices, touts the Note 10's S-Pen
During its Samsung Investor Forum 2019 keynote, company chiefs took the stage to express their confidence in the future of the cell phone industry that will apparently be shaken up by foldables with 5G connectivity. "5G will trigger the demand to replace people’s phones, and will serve as a driving force for the smartphone market," according to Lee Jong-min, a senior vice president of Samsung Mobile. 

So much so, that Samsung is already expecting to pull ahead in average phone selling price (ASP), after it was one of the first to market with the excellent Galaxy S10 5G. By the time 5G phones (and networks) become ubiquitous in 2022, Samsung expects them to add so much value that they would command almost double the ASP of regular phones on the LTE standard. 

As you can see in the slide below, Samsung pegs 5G phones to go for $534 on average, which could easily mean that the retail price of the high-end models is expected to surpass the psychological $1000 threshold. The S10 5G, for instance, carries a tag of $1300 over at the Samsung US store.


While Samsung is salivating over the prospects of higher 5G phone prices, it is working hard to be first with true 5G modem integration into its Exynos chipset, which would be bad news for Qualcomm, whose next-gen modems are still a separate affair. Moreover, Samsung plans to double down on foldable form factors, it turned out.


Last we heard, the Fold 2 may bend over the horizontal axis like the upcoming foldable Motorola RAZR, and have a much smaller, 6.7" footprint than the original Fold which is yet to be officially launched in the first place. Samsung's exec also had a few good words to say about its next high-end phone, the Note 10, that is about to be unveiled on August 7


We can't wait to see the Note 10 stylus in action, too, but Samsung doesn't just have plans for its top-shelf phones. Its strategy to equip the midrange A-series with unique features like flip cameras or under-screen biometry first seems to be paying off, at least according to Mr Lee.

Related phones

Galaxy Note 10
  • Display 6.3" 1080 x 2280 pixels
  • Camera 12 MP / 10 MP front
  • Processor Qualcomm Snapdragon 855, Octa-core, 2840 MHz
  • Storage 256 GB
  • Battery 3500 mAh

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18 Comments

1. pimpin83z

Posts: 591; Member since: Feb 08, 2019

"While Samsung is salivating over the prospects of higher 5G phone prices..." They told those exact words? Did it go like this: "Hi, Daniel. Just wanted to inform you that we are salivating over the prospects of higher 5G phone prices. Have a great day!" Just curious to see why you chose to phrase it that way vs expecting to profit or anticipating more phone sales.

6. oldskool50 unregistered

The reason they say it this way because its Samsung and all the writers here hate Samsung. They always use flame bait words when it comes to Samsung because Samsung is the better company than that spineless lying Apple they love so much. I'm so glad iPhone sales are dying and Apple will soon be a memory that they won't have to talk about anymore.

9. c.m.s

Posts: 236; Member since: Dec 10, 2017

And the comments here are always filled with anti-Apple-supporters ready to complain about anything Apple related (even if the article is not about Apple). I really don’t get why you guys still visit this page that you think is so awful. There are so many other techsite out these, i’m sure some are more to your liking.

10. oldskool50 unregistered

They all do the same BS. They don't even have too. I love to read, especially about tech. But hating a company because you like another is stupid. I dont care which one you choose. I like Samsung. But I like BlackBerry, HTC and even Apple first. But I never felt I needed to hate another oem. I'm gonna tall good or bad about any of them, and I could care less what freakfaced fanboys think about it. But the sideshow freaks here, purposely use certain phrases or words to show bias that isn't even needed. Because one fact is and its this. Many phones are so good, because the components in many cases are sourced from Samsung. Especially the iPhone. So to hate on them is complete ignorant and stupid. But see when you are the best, everyone hates you.

11. BuffaloSouce unregistered

Samsung is the better company than that spineless lying Apple they love so much. I'm so glad iPhone sales are dying and Apple will soon be a memory that they won't have to talk about anymore. Those are your words from the comment above....

13. AlienKiss

Posts: 200; Member since: May 21, 2019

You're probably right, I haven't spent so much time on this website. But from what I've seen, at least they're not praising those cheap chinese replica brands like GSMA does all the time. If you visit their website, more than 90% of the articles are only about chinese brands. This website tends to be more focused on the big brands and I like it. It seems everyone is biased at a certain degree. I for one admit I am a bit biased (based on real life experience) and will only buy Samsung or Sony. Nothing else. But I'm not running a website or business. There's no excuse for that. As for Apple, they can take their digital prison OS and shove it where the sun doesn't shine. I'd rather use an old school 'stupid' phone without any os. Using an iPhone is offending my IQ.

2. cmdacos

Posts: 4264; Member since: Nov 01, 2016

This article is hard to understand because it didn't reference future fictitious Apple products that Samsung is stealing from...

3. Vancetastic

Posts: 1580; Member since: May 17, 2017

“Salivates”? Come on, guys....

4. Tipus

Posts: 894; Member since: Sep 30, 2016

Slow news day for Daniel :)))

5. oldskool50 unregistered

They only gonna make money off carriers and retailers buying the phones. Not many consumers are gonna be rushing to buy 5G phones when they don't even have it in their area. And even if you live in an area where there is some 5G jumping on it now is dumb. For a device people may only keep a year or maybe 2, it's just not worth it to pay extra for premium 5G options.

7. Matte_Black13

Posts: 27; Member since: Oct 12, 2018

Unfortunately, you're going to be wrong. Something like half of the people in the U.S. can't even identify they're current phone model (Samsung and Apple), and also quite a few of them seem to think they're phone has 5G. There have been quite a few articles about it lately. So they definitely won't research if their carriers have 5G in their area. They'll just jump on it. Your'e absolutely right that people shouldn't. My LTE isn't that great in the area I'm in, I'm definitely not in a hurry to jump on 5G with it's short distant reception. Probably won't see the benefits of 5G for 10 years lol.

8. D34ever

Posts: 232; Member since: Jul 14, 2018

Samsung sure dreams big. I wonder how many people have pockets deep enough for a $1300 phone. Personally, I'm fine with a 4G phone for the next 10 years!

16. darkkjedii

Posts: 31310; Member since: Feb 05, 2011

My next devices will be 5G, and that's the main reason I'm skipping the iPhone this year, and looking to 2020. I'm cool with 4G LTE, but I won't be buying anymore of those device types.

12. iloveapps

Posts: 855; Member since: Mar 21, 2019

Samsung fans are butthurt again. Can’t accept that Samsung mobile is falling behind profit. Fans only reason is to comment apple is not selling too. Samsung ASP will remain below $300, they’re better selling cheap products. That should be their focus not on so-so galaxies.

15. darkkjedii

Posts: 31310; Member since: Feb 05, 2011

We Samsung users don't give a flying F about profits dumb ass, we care about how good the device is, and Samsung makes a damn good device. Enjoy your one trick pony iPhone, cause I can put mine down, and pick up my multi trick pony Note 9.

17. tedkord

Posts: 17414; Member since: Jun 17, 2009

The only one butthurt here is you, because Apple has fallen behind in innovation and quality, and for the past six years the best phone on the market has been a Samsung phone every single year.

14. vgking9699

Posts: 194; Member since: Mar 01, 2019

People gotta remember that the biggest smartphone market is China but China is very poor of a country compared to America and others, which is why people use China to manufacture their phones that would cost too much to manufacture back in their own country And the average price is typically around $300-$400 for phones sold in China which are all older non flagship models which typically also run older versions of android which is why the adoption rate of android updates is always so low and slow so unless you think phone manufacturers will make 5g phones in China that are still $300-$400, most people in China will stick to 4g phones just cuz they are actually affordable there

18. currator

Posts: 13; Member since: Sep 23, 2016

I sure hope they are right. Means I will have more 4g network coverage to myself. Which means better speeds less congestion. Until screen tech gets better no real need anytime soon to buy another phone. And when I do need to I am sure something will be on sale which is better the. The phone I have now.

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