Good news for consumers: 5G phones may cost Rs 10,000 apiece by March 2023

Consumers keen to pick up a 5G phone can expect some good news. Mobile device companies and global chipset manufacturers are closely working together to offer 5G mobile handsets at around Rs 10,000 by March next year, by which time the telcos are expected to have launched their 5G services in key markets of the country.

Device makers say that this price will be an inflexion point, triggering a big shift of consumers from 3G and 4G phones to high-speed 5G services.

Mobile device firms working with chipmakers say Qualcomm, which has led the 5G device juggernaut, is planning to