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5 Reasons to Save Your Christmas Money for a 5G Phone

1/5/2020

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The majority of phones sold today are enabled for 4G connectivity, but if you’re looking to get yourself a new phone with your holiday money, you would be wise to bide your time and get yourself a 5G phone.
Here are five of the best reasons why:

1. 5G networks are better than ever, and keep improving. When launched earlier this year, 5G was limited to a few of the busiest areas of the biggest cities. But now, 5G is present in many more locations than before and will soon spread further.

2. 5G phones will be far more widespread this year. It’s not just the networks that will see significant expansion this year; we also expect to see a far greater number of the devices themselves becoming available. Qualcomm has unveiled its two latest top-of-the-line processors, the Snapdragon 865 and the Snapdragon 765, and both of them have 5G enabled.

The Samsung Galaxy A90 5G is just one of a whole new wave of 5G phones hitting the market. That means there’s no option for a 4G flagship running Qualcomm this year, which is undoubtedly essential news when one considers the ubiquity of the chipsets among Android-sporting brands such as OnePlus, Sony, Motorola, Asus, and more. You’ll have a far greater choice of a 5G phone if you wait for 2020, and depending on your commitment to your favored brand, you might not even have the option to stick to 4G this year.

3. iPhones will almost certainly adopt 5G, so no need to switch to Android. It was mildly surprising that the most prominent tech brand in the world didn’t offer the option of a 5G handset last year, but they will most likely be offering multiple 5G models this coming year. What’s more, a report has indicated that 80 million 5G modems are being readied for the September launch of the iPhone 12, so there’s strong evidence that we may see the whole range enabled for 5G.

4. 5G phones will become more affordable. Also, at the Qualcomm conference, Xiaomi announced that they would release a minimum of 10 new 5G phones throughout 2020, but more crucially, that these new devices would fall in the mid-range and possibly even budget segments of the market.

Most reviewers have been impressed with Xiaomi’s new devices, even though the 5G handsets are costly. So, if Xiaomi brings out models in the mid-range with better pricing and 5G capability, it should be welcome news for the whole market.

Moreover, most industry insiders doubt that Xiaomi will be the only brand to offer mid-range devices.

5. 5G’s excellent performance means it is the future of mobile tech. The most persuasive argument in favor of 5G comes not in the form of words, but numbers. Qualcomm’s latest X55 modem promises top download speeds of 7Gbps, and upload speeds hitting 3Gbps.

The early real-world experience says that performance improvements will be eye-opening. This massive performance improvement to your daily usage would be reason enough to adopt 5G, but it’s the implications for future tech that mean you’ll want to be a part of this new revolution.

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    Author

    Rick Richardson, CPA, CITP, CGMA

    Rick is the editor of the weekly newsletter, Technology This Week. You can subscribe to it by visiting the website.

    Rick is also the Managing Partner of Richardson Media & Technologies, LLC. Prior to forming his current company, he had a 28-year career in technology with Ernst & Young, the last twelve years of which he served as National Director of Technology.

    Mr. Richardson has been named to the "Technology 100"- the annual honors list of the 100 key achievers in technology in America. He has also been honored by the American Institute of CPAs with two Lifetime Achievement awards and a Special Career Recognition Award for his contributions to the profession in the field of technology.

    In 2012, Rick was inducted into the Accounting Hall of Fame by CPA Practice Advisor Magazine. He has also been named to the 100 most influential individuals in the accounting profession in America by Accounting Today magazine.

    In 2017, Rick was inducted as a Marquis Who’s Who Lifetime Achiever, a registry of professionals who have excelled in their fields for many years and achieved greatness in their industry.

    He is a sought after speaker around the world, providing his annual forecast of future technology trends to thousands of business executives, professionals, community leaders, educators and students.

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