OnePlus will launch Europe’s first commercial 5G phone in partnership with Qualcomm and EE, but it won’t come cheap. According to OnePlus’ CEO Pete Lau, the device could cost $200 to $300 (£157 to £235) more than a standard handset.
However, he admitted it’s still early days, so the exact premium is yet to be determined.
“It’s hard to know because there’s a lot of specifics still to look at, but (the premium is) likely in the neighbourhood of $200-$300 more,” he said in an interview.
However, a spokesperson for chipmaker Qualcomm undercut Lau’s remarks, suggesting the premium may be much lower. “I’ve seen some people being way more aggressive (on price),” he said.
The handset will launch next year. With 5G onboard, it promises speeds far in excess of 4G.
Rivals like Samsung and Huawei are also expected to launch 5G phones next year, although Apple will reportedly wait until 2020 to release a 5G iPhone. This has been its strategy for years when it comes to new network standards, though some think that 5G is such a leap forward that Apple risks losing out this time around.