Qualcomm has a plan to make 5G phones more affordable

Qualcomm Inc stated that it will put fifth-generation technology (5G) into chips powering mid-priced mobile phones starting next year. Qualcomm is already supplying to phone makers such as Samsung Electronics Co Ltd with chips for 5G wireless data networks that are expected to be faster than the current 4G and LTE networks.

In the IFA Tech, Fair Qualcomm said that it plans to add 5G capabilities to its lower-cost Snapdragon 6 and 7 series devices that could make 5G phones available at lower prices than the current models, mostly flagship devices that are priced at a premium.

Qualcomm’s 6 and 7 series Snapdragon chips are in $300 range.

Analysts believe the new 5G networks will lead many consumers to upgrade their phones after years of market stagnation.

Qualcomm, the world’s largest supplier of mobile phone chips was early to the market with 5G modem chips to connect phones to networks but faces intense competition.

Huawei Technologies Co Ltd has planed for a new high-end smartphone, the Mate 30, which would feature 5G capabilities with Kirin 990 chip developed by Huawei’s subsidiary HiSilicon. The phone’s prospects are whether it can use Alphabet Inc’s official Android operating system in light of Huawei’s blacklisting by the US President Donald Trump.

Taiwan-based MediaTek Inc earlier this year has conjointly proclaimed a 5G smartphone chip.

Qualcomm is hoping that broad compatibility with telecom carrier networks can facilitate its chips to compete.

Chips like MediaTek’s are only capable of handling the sub-6 bands, that keep the cost and complexity of the chips and phone designs down. However,

It suggests the phones cannot take full advantage of networks from U.S. carriers like Verizon Communications Inc and AT&T Inc that use millimeter wave technology.