Xiaomi founder: 5G smartphone costing extra 500 yuan at least

IDCNOVA news:According to the previous report of Digitimes,the domestic 5G smart phone would cost 500 extra yuan at least in 2019 for China market.

It’s reported that the cost of 5G chipset module and materials are around 300-400 yuan,thus 500 yuan addition ensures no loss and it depends on the each manufacturer’s cost control regarding how much profit earned.


As for this view,Lei Jun,CEO and founder of Xiaomi said,500 yuan is not enough,plus patent and VAT and so on,it’ll be at least 700 yuan additional costed.

Xiaomi demonstrated its MIX 3 5G version on a occasion before,which carries Xiaolong 855 mobile platform and Xiaolong X50 5G modem of Qualcomm,and the download reaches by 2Gbps.

It’s revealed that Xiaomi would participate in the 5G pre-commercial outside testing organized by China Mobile and release the 5G version of MIX3 in Europe.

Compiled by China IDCNOVA, retransmission prohibited without authorization. 

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