Affordable 5G Smartphones Under $100 in Offing
Chipmaker Qualcomm has unveiled that it intends introducing a new 5G chipset customized to deliver budget 5G experiences for entry-level sub-$100 smartphones in 2024 to drive mass technology adoption, as companies successfully manage steeply scaling down costs.
This follows the timeline shared by Qualcomm India President Savi Soin earlier, opening doors for the next half a billion smartphone users especially in price conscious but voluminous markets like India to migrate from 4G.
High Speed Connectivity Prioritized
While current 5G chipsets largely focused on flagship or mid-range devices, expanded coverage compelled makers to divert R&D towards producing affordable 5G chipsets even for basic smartphones without compromising connectivity speeds responsible for crowding issues plaguing 4G.
Partnerships to Tap Huge Potential
With countries like India representing massive under-penetrated opportunities for sub-$100 phone makers leveraging local manufacturing ecosystems, Qualcomm aims collaborations to deliver appropriately specced hardware matching regional expectations.
Advanced 5G capabilities for low-cost smartphones now viable
The sheer scale of first-time smartphone buyers in India who now potentially get quicker access to faster networking promises to accelerate consumer 5G adoption manifold, benefiting local supply chains simultaneously.
