People choose 5G phones. (File photo/China News Service）
(ECNS) -- More than 130,000 5G base stations were built in China by the end of 2019 and 35 mobile phone terminals received network access licenses, said Miao Wei, minister of Industry and Information Technology, at a press conference in Beijing on Monday.
More than 13.77 million 5G phones were proudced and domestic 5G phone chips have been put into commercial use, Miao said.
5G phones are expected to cost less than 1,500 yuan in the fourth quarter, priced at 1,000 to 1,500 yuan, according to China Mobile.
5G applications in consumption sectors such as ultra-high-definition televisions, AR/VR, and intelligent connected vehicles are predicted to achieve huge market potential.