China's TCL chooses US as first market for budget 5G phone

LAS VEGAS -- TCL, the Chinese electronics company best known for its TVs, is entering the U.S. market with a 5G smartphone priced under $500. Perhaps more surprising than the budget price is the release schedule: while the device will be available in North America later this year, consumers in China will have to wait.

TCL revealed some details of the three upcoming smartphones -- the TCL 10 Pro, TCL 10L, and TCL 10 5G -- at a press conference ahead of the official start of CES 2020 on Monday. All three devices will be launched in the U.S. and Canada by the second quarter of this year.