HMD Global's Chief Product Officer said that Nokia is reportedly working on a low-cost 5G smartphone powered by Qualcomm's Snapdragon 690 SoC. The phone will very likely be the Nokia 6.3 or Nokia 7.3. It will probably be unveiled alongside Nokia 9.3 PureView later this year.
https://www.notebookcheck.net/Nokia-will-release-a-Snapdragon-690-powered-5G-smartphone-later-this-year.476871.0.html