5G Smartphone Market in a Hurry to Reach Mid-Range in 2020

by David McQueen | 1Q 2020 | IN-5732
Over the past couple of weeks, lead global smartphone vendors Samsung and Huawei revealed the number of 5G smartphone units shipped in 2019, which were released as 6.7 million and 6.9 million respectively. While this is a healthy start to the anticipated explosion in volume of 5G devices, it is more impressive when considering that the majority emanated from premium, high-priced models. For the time being, these volumes have been mostly confined to the United States, South Korea, parts of Europe, and China for the tail end of the year. With a plethora of cheaper 5G smartphone models expected to arrive in 2020, room at the top will quickly evaporate.

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