Will Consumers Balk at 5G Phone Prices?


Consumers may undergo from sticker shock when it comes time to purchase a 5G-enabled telephone, suggests a brand new report from IHS Markit. Although customers anticipate to pay more cash for 5G smartphones, the costs could exceed their expectations dramatically, with some units promoting for as a lot as 29 occasions greater than what the common purchaser may anticipate. Ninety-one p.c of the survey respondents anticipated to pay extra for 5G units, however three quarters of these people anticipated costs to be simply 10-25 p.c greater than a 4G handset.

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