According to a report in The Verge, OnePlus CEO Pete Lau has said that the company is working on a 5G and 4G phones simultaneously and the5G model is expected to cost at $200 to $300 more than the upcoming 4G phone. “It’s hard to know because there’s a lot of specifics still to look at, but it’s likely in the neighbourhood of $200-300 more,” he said. Lau further said that OnePlus is working on a 5G smartphone in spite of the fact that it will cost more because there is a lot of customer demand for it. He further added, “5G is an important trend with its own tremendous challenges…we’re working to understand the technology as quickly as possible.” Among the key challenges for OnePlus will be making a 5G mobile for various cellular carriers that can operate on different frequencies.OnePlus CEO also said that taking the phone from one carrier to another would be a lot tougher with 5G connectivity as compared to what it is with 4G. As of now, the company has not seen a solution that would cover many different carriers across the globe. We should mention that OnePlus‘ 5G smartphone is targeting just one kind of 5G network, the ‘Sub-6′ spectrum that is used by EE. It is worth noticing that waves of AT&T and Verizon have more speed than EE, which will be OnePlus’ first carrier in Europe. Speaking about millimetre wave, Lau said that they come with their own set of challenges and a good-looking handset is one among them. This is because it has to be designed in a way that multiple antennas fit into it. Lau was quoted saying, “On the product level, it’s much more complex than 4G, so a significantly higher level of challenge, especially millimetre wave. It appears impossible to make a nice-looking flagship device, for now.” As of now, there is no word on the availability of OnePlus’ 5G smartphone in other parts of the world. But we’ll update you as soon as we know. For the latest gadget and tech news, and gadget reviews, follow us on Twitter, Facebook and Instagram. For newest tech & gadget videos subscribe to our YouTube Channel.