#smartphone industry

OnePlus has denied reports claiming that it is shutting down, saying the company continues to operate despite recent claims that its smartphone business is being dismantled. For a few years now, almost all new smartphone releases looked the same. In the last decade, the smartphone industry grew exponentially. However, this seemed to have plateaued in recent years with the total smartphone sales since 2007 reaching its peak of 1.556 billion units sold in 2018. [caption id="attachment_304732" align="alignnone" width="720"] Smartphone Sales Worldwide[/caption] In the almost 2 decades that we have been covering the tech industry in the Philippines, we've seen how this sector has evolved and all the excitement that came with it. The first smartphone to sport a 4K display was the Sony Xperia Z5 Premium and that was in 2015. Camera technology in smartphones was among the biggest attraction and competition in that department was fierce. These days, smartphones have multiple camera systems and sensors going up to 108MP but we don't see the same fervor from users like before. Read more in our articles including "OnePlus denies reports of shutdown" and "Smartphones are getting boring".