Mobile World Congress 2019: China's Xiaomi unveils $680 5G smartphone, sees growth in Africa
Updated : February 25, 2019 03:38 PM IST
The world's fourth-largest smartphone maker unveiled the handset on Sunday, trumpeting prices starting from 599 euros ($680) when it hits the market in May, prompting gasps in the hall at the mobile industry's biggest global event in Barcelona.
Market leader Samsung announced an innovative folding 5G phone last week with a $1,980 price tag, which Huawei matched with its own foldable 5G-enabled device priced at an eye-watering $2,600.
The next-generation wireless technology promises to ratchet up internet speed and support an "Internet of Things" in which embedded chips enable the creation of smart networks of vehicles, household devices and more.