UNISOC is now shipping the T7510 5G, putting more downward pricing on chips. The Hisense F50 is in limited production with that chip, sold out on jd.com but presumably more available soon. (Announcement below.) 5G phone prices are dipping below US$200, although Hisense is currently pricing at $500. See 5G phones fall to US$192, raising 2020 estimate to 210 million
Both companies are state-backed and hence have the resources to continue in the current tough market. UNISOC (formerly known as Spectrum) is part of Tsinghua Unigroup, which has received billions of state funding. It once had a production deal with Intel but is now on its own.
Hisense is a US$35 billion company and one of the world's largest makers of TVs (pictured,) refrigerators, and air conditioners. It goes back to 1969 and was one of the first to import foreign technology in the 1980s. It's been a modest producer of phones and hopes to continue into the 5G era.
15 million 5G phones shipped in China in May, 46% of the rebounding market.Add a comment