Reading between the lines of a MediaTek announcement, millimeter-wave phones will come in at the low-end on pricing but won’t break any new ground.

Upcoming MediaTek-powered phones that are likely to come to Verizon Wireless will probably cost $300-$500, according to a slide released at a company conference today.

MediaTek is now the number-one global mobile chipset vendor by volume, and its chips power the best-selling Android phone in the US (according to MediaTek), the …