5G phones are about to get much cheaper Oppo Find X2 Lite, one of the cheapest 5G phones right now

Even the cheapest 5G phones cost quite a bit compared to the most affordable 4G phones, but that’s set to change soon, as one of the biggest smartphone chipset manufacturers has just unveiled a new processor that could enable a new generation of budget 5G phones.

At Qualcomm’s keynote conference at IFA 2020 it announced a number of new processors for all different kinds of tech, including the Snapdragon 8cx Gen 2 for computers, and also a new 5G smartphone chipset that sits far below its existing ones.