Counterpoint: half of mid-rangers sold in Europe support 5G, but Huawei's departure increased prices

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In the first quarter of last year there were no mid-range 5G phones available on the European market. Then in Q3 they made up 20% of the segment. In the first quarter of this year 5G mid-rangers account for half of devices sold in Europe in the $250-$500 range, according to Counterpoint Research. Support for the next-gen networks is only part of the story – the mid-tier ($250-$500) and “affordable premium” tier ($500-$700) are what drove the growth of smartphone sales on the Old Continent last year. And this came at the expense of Huawei. Huawei is now all but gone from the Western...

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