Purism also shared that while the Librem 5 phone is currently priced at $599 USD, after the new year that price will be raised to $699 USD in order to cover expenses with the phone's development and future engineering costs. The phone's target specifications remain at an i.MX8M SoC with Vivante graphics, 5.7-inch 720x1440 display, 802.11 a/b/g/n WiFi, SIMCom modem, ~32GB storage, and 2~3GB of RAM.