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According to RIA Novosti, this conclusion was reached by analysts at Data International Corporation.
In the face of volatile economic conditions around the world, including in developed countries, consumers prefer to buy mobile phones in the range of 100-400 dollars. Such phones make up 60% of the demand, and by the end of 2020 their share may increase.
However, analysts believe that the trend will return in the coming years, with demand in the range of $ 400-600. The reason is the widespread use of fifth generation networks, 5G smartphones are still expensive.