Huawei, the second-biggest maker of smartphones, has thrown down the gauntlet to rivals with plans to sell a 5G phone for $600, about half the price analysts expected for next-generation handsets.
Peter Zhou, chief marketing officer for wireless marketing, said the group would sell 5G phones for $600 this year.
“Next year, some people say we may see [5G] smartphones at $300, and I think that’s very much possible.”
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