In 2024, Qualcomm confirms the arrival of affordable 5G handsets under Rs 10,000
In a strategic move, Qualcomm, a renowned chip-making giant, has unveiled plans to introduce a dedicated 5G chip tailored for entry-level smartphones. This revelation resonates with the insights shared by Savi Soin, the President of Qualcomm India, during the Indian Mobile Congress 2023 held in Delhi, setting the stage for significant developments in the mobile technology landscape.
The much-anticipated 5G chip is poised to hit the market in 2024, paving the way for the availability of budget-friendly 5G phones. This marks a pivotal moment, as major chip manufacturers have successfully scaled up the technology, making it viable for devices in the $100 price range. Historically, the cost of 5G chips has been a deterrent for cost-conscious consumers, limiting their access to the transformative potential of 5G connectivity.
While chip makers have primarily focused on developing chips for flagship and mid-range smartphones, the surge in demand for 5G capabilities has necessitated a shift towards affordable options. The impending launch of budget 5G phones underscores a commitment to delivering fast internet speeds and enhancing overall connectivity, addressing prevalent challenges faced by existing 4G networks.
India, being a colossal market for budget smartphones, stands out as a key focal point for chip manufacturers like Qualcomm. Recognizing the unique dynamics of the Indian consumer landscape, it is expected that Qualcomm will collaborate closely with partners in the country to design and produce hardware that aligns seamlessly with the specifications required for affordable 5G phones.
The anticipation surrounding the market impact of budget 5G phones is palpable. This development has the potential to catalyze a significant wave of users transitioning from their existing 4G devices, as the barrier of network availability is gradually eroded. Observing the evolution of the market for budget 5G phones will offer valuable insights into consumer adoption patterns and the broader implications for the widespread integration of 5G technology.
As Qualcomm takes a pioneering step in making 5G more accessible, the mobile industry eagerly awaits the transformative effects this move will have on global smartphone adoption and the democratization of high-speed connectivity. The prospect of affordable 5G phones becoming a reality in 2024 signifies a paradigm shift, promising a more inclusive and connected future for mobile users across the spectrum.
