Huawei Chinese technology company which provides telecommunications equipment and sells consumer electronics, smartphones and is headquartered in Shenzhen, Guangdong. Huawei has expanded its business to include building telecommunications networks, providing operational and consulting services and equipment to enterprises inside and outside of China, and manufacturing communications devices for the consumer market. Huawei has deployed its products and services in more than 170 countries. This company is working to deliver a 5G phone at an about CNY 1028 (around $150) price by this year’s end, or early next year.
At the moment the cheapest 5G phone costs CNY 2,000 (around $290) but most command a price of CNY 3,000 (~$430) or higher, so a phone for around CNY 1,000 would enable a lot more people to experience 5G.
The recently-unveiled MediaTek 1000L and Qualcomm Snapdradon 765G chipsets with optional 5G modem integration should allow 5G connectivity on a number of midrangers. Up until this point 5G connectivity was mostly a flagship-exclusive feature.
Huawei and Samsung will spearhead 5G adoption in 2020, until Apple joins the market. In 2019 Samsung reportedly shipped some 6.7M 5G-equipped devices, while Huawei reportedly outdid it with 6.9M.