Xiaomi plans to launch greater than 10 5G smartphones in 2020

5G device portfolio by launching more than 10 5G smartphones in 2020, agency CEO Lei Jun announced during his speech at the World Internet conference in Wuzhen, China.Commercial 5G networks are yet to launch in China.However, the Xiaomi head remarked (via Reuters) that demand for its first 5G phone in China, the Mi 9 Pro 5G, has already surpassed the company's expectations. On the back of this strong demand, the Chinese firm proven that it is going to launch 5G smartphones in the top rate, mid-range, and low-end price segments next year.While China is poised to get 9 million 5G subscribers as soon as facilities go live in the country, the number of 5G connections worldwide are anticipated to arrive 1. 4 billion by 2025."People in the industry fear that next year 4G models won't sell," said Jun.Besides launching the 5G-enabled Mi 9 Pro in its domestic market last month, Xiaomi already sells the Mi Mix 3 5G in Europe.Its recent telephone with a wraparound exhibit, the Mi Mix Alpha, also supports 5G networks and is set to launch in China early next year.Clearly, Xiaomi is searching to profit on the 5G gravy train. Its bold move to launch 10 new 5G phones comes on the back of its declining market share in China.According to market research firm Canalys, Huawei has picked up steam in China, while Xiaomi saw declining shipments across 2019. The ballooning sales of Huawei instruments in China has been attributed to patriotic demand for the logo due to its recent US ban.

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However, Xiaomi's presence in regions like India and Europe maintains to remain strong. While India is not a 5G-ready market presently, Europe is, and Xiaomi is capitalizing on Huawei's fading recognition in the region.Then again, Huawei has also promised that it'll up its 5G device portfolio for 2020.The company lately introduced it's going to launch more low-cost 5G smartphones next year.Clearly, competition among Xiaomi and Huawei is not about to subside anytime soon.Are you shopping ahead to more 5G phones from Xiaomi or are you still not sold on 5G technology?Let us know in the comments phase below.com/i/blog/1600665888/aHR0cHM6Ly9jZG41Ny5hbmRyb2lkYXV0aG9yaXR5Lm5ldC93cC1jb250ZW50L3VwbG9hZHMvMjAyMC8wNC9YaWFvbWktTWktMTAtUHJvLXdpdGgtZ3Jhc3MtMjAweDEzMC5qcGc%3D">

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Tags : Xiaomi