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Your Next Phone Will Likely Be Smarter, Faster and More Bendy

Annual phone upgrades often feel mundane, but in 2023, phone-makers found new ways to make mobile devices fresh and interesting.

Your phone could get a major upgrade in 2024 — and it could go beyond the routine camera and processor changes we’ve seen in mobile devices over the past decade. 

New AI-fueled features could make phones much smarter, potentially turning them into capable personal assistants rather than pocket-sized portals to the internet. In addition, foldable phones are inching closer to their breakout moment thanks to clever design improvements, cementing their place in the smartphone market. Taken together, these changes could make your next phone feel like much more than just another rectangle made of glass and metal.

“That newness … is really key,” said Peter Jarich, head of mobile industry research firm GSMA Intelligence. “And I think folding form factors are part of that.”

While AI and foldable screens may be crucial to where smartphones are going, we’re also seeing notable leaps in areas that directly affect how you use your phone today. Charging speeds are faster, meaning you no longer have to carve out as much time to top off your phone. Tech companies are also making their products more sustainable in ways that could potentially make your phone last longer, lessening their impact on the environment and possibly benefiting your wallet. 

These jolts of excitement are much needed for an industry that’s been in decline. In 2022, low demand combined with economic challenges resulted in a smartphone market that saw its lowest annual shipment total since 2013, according to the International Data Corporation. Data from insurance provider Assurant also suggests that phone owners are holding onto their devices for longer, although that could be a testament to how phones have improved over the last decade. Analysis from Consumer Intelligence Research Partners tells a similar story, indicating that more people upgraded from iPhones that were at least 3 years old in 2023 compared with 2019, when the majority of upgraders came from 2-year-old devices. 

“People were really struggling to see the value,” said Aaron West, senior analyst for market research firm Omdia. “Why upgrade when my phone from two years ago is almost identical?”

Now that smartphones have become ubiquitous and are more utilitarian than novel, it takes more to impress audiences. That held true in 2023, when it became clear that smartphones were starting to regain their wow factor. More recent data from the IDC suggests smartphone shipments started picking up again as 2023 drew to a close, perhaps signaling that new phones are catching our interest again.

AI is coming for your phone in 2024

ChatGPT

Artificial intelligence has played an important part in smartphones for years, particularly when it comes to features like facial recognition, photography and language translation. However, generative AI — the tech that powers ChatGPT and creates answers based on training data in response to prompts — brings new capabilities that go beyond unlocking your phone or blurring the background of a photo. Instead of working passively in situations like these, generative AI-powered features are meant to be used in more proactive ways.

“It’s not behind the scenes,” West said. “It’s really obvious that your phone is actually doing something and generating something new and original.”

Google showcased this with the October launch of its Pixel 8 lineup, which uses AI to power new photo editing tricks, like moving and resizing individual subjects and altering facial expressions. Google’s new phones can also generate fresh wallpaper based on specific themes from scratch, and the search giant is injecting Google Assistant with generative AI. Called Google Assistant with Bard, the upgraded virtual helper will be able to handle tasks such as summarizing important points from your email inbox and writing social media captions for your photos. It’ll be available for both Android devices and iPhones. 

Pixel 8 Pixel 8 Pro

Qualcomm, which creates the chips that power phones from companies including Samsung and OnePlus, designed its new mobile processor around generative AI. The Xiaomi 14 and 14 Pro, the latest flagship devices from the world’s third-largest phone manufacturer, according to IDC, are among the first devices to be powered by this new Snapdragon 8 Gen 3 chip. We’re expecting to see Qualcomm’s latest processor in more phones throughout the year.

A teaser video showing Qualcomm’s vision for generative AI on smartphones provides a few examples of how the tech could manifest in mobile devices, such as a virtual assistant that can extract key points from a phone call and create a bulleted summary. 

The new chip will also make it possible to zoom out on an image taken on your phone and generate details to expand the frame, making it look like you took the photo using an ultrawide lens. Features like these are more than just photo-editing tools; they help create entirely new photos that weren’t possible at the time of capture. 

“It changes how we think about the devices, the [operating system] and the apps, and how you actually define a user experience,” Cristiano Amon, CEO and president of Qualcomm, said on stage during the company’s Snapdragon Summit in October. 

A man talking on the phone standing up

We could get an even closer look at how AI will change smartphones as early as this month on Jan. 17, when Samsung will announce its next major phone, presumably called the Galaxy S24. Samsung hasn’t said much about its future product lineup, but it did recently announce a new AI experience for phones called Galaxy AI and its own generative AI model. Galaxy AI will include a feature called AI Live Translate Call that can translate audio in real time, although the company hasn’t revealed many details yet. 

Apple is expected to infuse its next major iPhone update, likely arriving in September, with new AI features too, according to Bloomberg. That could entail auto-generated playlists in Apple Music and more generative AI features in Messages and Siri. 

If generative AI lives up to the hype, it could make phones more like smart personal assistants and less like tiny laptops with touchscreens, West said.

“It’s like actually being able to preempt your needs before you actually ask for them,” he said. 

Foldable phones may be inching toward their breakout moment

A photo of a video call

It’s not just the brains of our phones that are evolving; it’s their shapes, too. Phones that can fold in half have been widely available since 2019, yet they still only account for a fraction of smartphone usage. But in the US, companies including Samsung, Google, Motorola and OnePlus made efforts to change that throughout 2023, resulting in a banner year for foldable phones. 

While Samsung used to be the only major player in the foldable phone market, nearly every smartphone-maker now offers one. Google released its first foldable phone in June, while OnePlus introduced its inaugural foldable device in October, meaning those interested in foldables now have more than twice as many options as they did in 2022. 

Beyond more choice, the quality of foldable phones improved in 2023, too — particularly when it came to flip phones. The Motorola Razr Plus and Samsung Galaxy Z Flip 5 each gained a larger external cover screen, making them more useful when closed and further justifying their premium prices. As I wrote after reviewing both devices, these new flip phones prove the promise of having phones with two screens that can serve different purposes, which is more compelling than simply being able to fold your device in half.

Samsung's Galaxy Z Flip 5

The biggest barrier keeping foldable phones from wider adoption is their high prices, with the Galaxy Z Flip 5 and Motorola Razr Plus each regularly priced at $1,000 in the US. If you want a foldable device that combines the experience of using a tablet and a phone, you’ll have to cough up an eye-watering $1,800 for the Samsung Galaxy Z Fold 5 or Google Pixel Fold.

But foldables took a step toward becoming more affordable in 2023, which could go a long way toward making them more accessible. Motorola launched a cheaper Razr this year that’s regularly priced at $700, putting it on par with nonfolding phones. 

Motorola Razr 2023

In 2024 and beyond, foldable phones are expected to grow in popularity, with shipments forecasted to surpass 100 million units by 2027, according to Counterpoint Research. That’s compared with roughly 20 million units expected to ship in 2023, as the IDC reports. The growth comes at a time when the overall smartphone market has been shrinking, with the IDC reporting a 0.1% decline in shipments in the third quarter of 2023.

“The industry had just been selling black glass slabs, with maybe a different back or a different color and different camera capabilities, but they were really very much similar devices,” Jarich said. “And for your average consumer, foldables give you a new reason to engage.” 

Phones that can charge faster and last longer

Image showing a OnePlus phone

Foldable screens and smarter AI assistants aren’t all that useful if your phone’s battery can’t make it through the day. While battery life largely remained the same in 2023 compared with previous years, some smartphone-makers shortened the time it takes to replenish your phone’s battery. 

One such example comes from the new Xiaomi 14 phone, which has faster 90-watt charging compared with the previous version’s 67-watt charging. 

Android cult favorite OnePlus typically stands out for its speedy charging, and 2023 was no exception. The OnePlus 11 supports 80-watt charging in the US and 100 watts in the UK, a significant upgrade from the OnePlus 10 Pro’s respective 65- and 80-watt charging speeds. The Lenovo ThinkPhone by Motorola also impressed us with its 68-watt fast charging that takes it from empty to 92% in 30 minutes, as my colleague Patrick Holland discovered when reviewing it. 

Faster charging combined with more energy-efficient chips helped make up for any lack of progress in battery technology, Jarich said.

“And so from a battery perspective, it’s not like that’s no longer an issue,” he said. “But the same issues are being solved in different places.” 

Apple's iPhone 15

With new premium smartphones from companies such as Apple and Samsung costing upward of $1,000, brand-new mobile devices should be built to last. While there’s still a lot of progress to be made in this area, smartphones took small but important strides in 2023. 

Apple and Samsung, for example, each expanded their self-repair programs. Apple broadened its program to include the iPhone 14 and 15 lineup while Samsung spread its program to countries including Brazil, Mexico and Korea. Samsung also added its latest foldable phones, the Galaxy Z Flip 5 and Galaxy Z Fold 5, to the self-repair program in late 2023. It’s a positive sign even for those who aren’t tech savvy enough to fix their own phones. 

“They recognize it’s probably a bit beyond them, but it does make it easier for third parties to do it,” Jarich said of self-repair programs and more repairable designs.

The iPhone 15 also has a new internal chassis structure that makes it more repairable.

Amsterdam-based sustainable tech company Fairphone launched a new phone in 2023 for the first time in two years, proving there are options out there for those who value repairability and sustainably sourced materials in a phone. With eight years of software updates and a five-year warranty, Fairphone is raising the bar for what it means to build a long-lasting phone. 

Google also extended software support for its new Pixel phones and will now provide seven years of Android operating system and security updates. That’s a big jump from the three years of Android updates and five years of security updates it previously offered, and it could push other phone-makers to do the same. 

Image of mobile phone

We’ll have to wait and see whether technologies like generative AI and foldable screens will make a big impact on mobile devices. Before ChatGPT’s arrival in November 2022, the tech world was enamored with the metaverse, not generative AI. And before 2019, the idea of a foldable phone seemed like little more than a futuristic concept.

But if one thing is certain, it’s that phone-makers are thinking more broadly about how to push the smartphone experience forward beyond just improving the camera or increasing the screen size. 

Editors’ note: CNET is using an AI engine to help create some stories. For more, see this post.

Technologies

Oil prices little changed after Iran says deal reached with Oman to share revenue from Hormuz

Oil fell more than 3% earlier in the session as the U.S. relies on economic pressure against Iran rather than military strikes.

Oil prices were little changed Wednesday after Iran’s hard-line Revolutionary Guard said Tehran has reached a deal with Oman to share control of the Strait of Hormuz.

Iran and Oman have agreed to share revenue generated from Hormuz, a Revolutionary Guard spokesman told the state news agency Tasnim. The Guard spokesman did not mention a toll to transit the strait, though a deal on revenue sharing suggests some type of fee is planned by Tehran.

Brent crude

Ships would enter the Persian Gulf through Iranian waters under the agreement, said Iran’s Deputy Foreign Minister Kazem Gharibabadi. They would exit through a joint corridor that crosses the territorial waters of Oman and Iran, Gharibabadi said, according to Tasnim.

It’s unclear whether the U.S. would sign off on Iran jointly managing Hormuz, said Helima Croft, head of global commodity strategy at RBC Capital Markets. And Gulf nations that have been attacked by Iran during the war are not going to pay Tehran to ship oil through the strait, Croft told CNBC.

Oil fell more than 3% earlier in the session as the U.S. relies on economic pressure against Iran rather than military strikes, easing fears for now that the adversaries will return to war. Prices are down more than 5% for the week.

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The Revolutionary Guard said the U.S. has tried to obstruct a deal between Iran and Oman. Washington must accept the agreement for Hormuz to reopen, the spokesman said.

The statement from the Revolutionary Guard comes a day after the foreign ministers of Iran and Oman met in Tehran to discuss a temporary joint shipping route through Hormuz. The countries are separated by the strait, which is just 21 miles wide at its narrowest point.

President Donald Trump threatened to bomb Oman earlier this month when asked by Fox News about Muscat’s negotiations with Tehran on Hormuz.

Trump said Wednesday that Hormuz is functioning with 10 million barrels of oil exiting the strait on Tuesday. “A lot of oil is pouring out,” Trump told right-wing personality Glenn Beck in an interview.

Trump has repeatedly claimed the U.S. controls Hormuz as the military helps ferry tankers through the strait along Oman’s coast. U.S. Central Command told CNBC last week that 660 million barrels of crude oil have exited Hormuz since May under military protection.

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Technologies

Fed’s Core Inflation Measure Shows 3.3% Annual Increase in July

The Fed’s preferred inflation gauge, the core PCE index, rose 3.3% annually in July, slightly above expectations, while personal income and spending grew stronger than anticipated.

Consumer prices for a broad range of goods and services edged up in July, per the Federal Reserve’s key inflation metric. The personal consumption expenditures (PCE) price index, the Fed’s preferred tool for forecasting, rose 0.2% on a seasonally adjusted basis for the month, resulting in an annual inflation rate of 3.7%, as reported by the Commerce Department on Wednesday. Both figures exceeded the Dow Jones consensus by 0.1 percentage points. Excluding volatile food and energy components, the core PCE index increased 0.2% monthly and 3.3% annually, aligning with expectations. Federal Reserve policymakers view core inflation as a more reliable indicator of long-term trends. Additionally, the report indicated that personal income grew by 0.4% and spending rose by 0.2%, both surpassing estimates. Goods prices fell 0.1% over the month, primarily due to a 2.7% drop in gasoline and energy-related items, alongside a 0.9% decline in furnishings and durable household equipment. Conversely, services prices climbed 0.3%, fueled by a 1.2% rise in financial services and insurance, and a 0.3% increase in housing. Following the report, stock market futures slightly retreated while Treasury yields advanced. The data emerges as Fed officials assess their next policy steps, with inflation remaining above the central bank’s 2% target despite softer recent monthly trends. The Federal Open Market Committee is not scheduled to meet in August, providing a brief pause before their next session on September 15-16. Market odds suggest only a one-in-three chance of a rate adjustment then, with December seen as more likely for a potential hike. Concurrently, Fed officials are convening at the Jackson Hole symposium in Wyoming, featuring a policy address from Chairman Kevin Warsh on Friday. Since assuming office in May, Warsh has maintained a cautious stance on policy direction, allowing markets to influence expectations. Government bond yields have recently climbed, with 10- and 30-year Treasury yields reaching their highest points since 2007, prior to the global financial crisis. This uptick stems from multiple factors, including concerns about the Fed’s dedication to its inflation goal, as well as federal budget debt and deficit issues. Last week, Treasury Secretary Scott Bessent announced a plan to increase government debt buybacks, though market participants question its potential impact on yields.

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Iran Claims U.S. Is Blocking Hormuz Agreement Amid Oman Talks

Iran’s Revolutionary Guard accuses the U.S. of blocking a Hormuz transit agreement with Oman, while Trump insists the strait remains open and downplays the need for renewed talks.

The U.S. is obstructing an agreement between Iran and Oman to secure a safe transit route through the Strait of Hormuz, Iran’s hard-line Revolutionary Guard said on Wednesday.

Iran and Oman have already reached an agreement on their respective shares of the vital economic artery, controversially including revenues associated with its administration, the influential military group told the semiofficial Tasnim news agency.

The Revolutionary Guard warned that the strait would remain closed if the U.S. does not accept Iran’s conditions.

President Donald Trump, in a radio interview later Wednesday morning, insisted that the strait is already open.

“We take a lot of ships through the strait now. We’re taking them in,” Trump told conservative radio host Glenn Beck.

“Every once in a while there’ll be a drone or a rocket or something shot, but it is a very functioning strait. A lot of oil is pouring out,” the president said.

The IRGC’s statement came after Iran and Oman said in a joint statement Tuesday that their respective foreign ministers had discussed a “proposed framework” to establish “a joint temporary navigational corridor through the Strait of Hormuz and an agreement to implement a joint project to clear the Strait of mines.”

Trump has recently claimed that the U.S. and Iran are engaged in behind-the-scenes negotiations, even as Tehran has denied any such talks are taking place. Last week, however, Trump said the parties were done talking and had no plans to resume communications.

In an interview with Al Jazeera on Wednesday, Trump said he’s in no hurry to restart negotiations with Iran.

“I have no time schedule, none. I’m not in a hurry. I have no time schedule at all,” Trump said when asked how much time he was giving Iran to return to talks.

Trump also told Al Jazeera that he thinks economic measures and military operations against Iran “are both effective.”

Two days earlier, Treasury Secretary Scott Bessent announced a plan to economically isolate Iran by threatening to slap secondary sanctions on the Islamic Republic’s “enablers.” Those sanctions, unveiled nearly six months into the war, have yet to be imposed.

Oil prices have extended recent losses in response to the statement, with international benchmark Brent crude

Just five commodity vessels transited the Strait of Hormuz on Tuesday, below the 10‑day average of 15, according to preliminary data from Kpler. Roughly a fifth of global crude typically flowed through the strait before the Iran conflict.

The joint Iran‑Oman statement also noted that “technical negotiations” would continue “with a view to agreeing on a permanent navigational corridor and future administration of the Strait, as well as a mechanism for information‑sharing, traffic management, and the provision of relevant navigational and security services.”

Contributing to pressure on oil prices in recent days, the U.S. has reportedly started returning its diplomats to Gulf states – suggesting Washington does not currently expect military escalation. Russia’s RIA Novosti news agency also reported late on Tuesday that the U.S. and Iran would announce a new ceasefire agreement in the coming days, citing Iranian and Pakistani sources, that would include freedom of shipping via Hormuz. However, this could not be independently verified, and the White House did not respond to MS NOW’s request for comment.

U.S. holds back on secondary sanctions

It comes after Bessent’s pledge on Monday to launch an “economic D‑day” on the Iranian regime, threatening to target Tehran’s “enablers” and trading partners in efforts to strangle its economy. This included a list of 60 individuals, entities and vessels.

However, the U.S. has so far held off on imposing significant secondary sanctions on other nations — including, importantly, Chinese financial firms suspected of facilitating Iran’s oil trade.

“Why would I want to blow up the global financial system? We believe that it is important to level set and give people a cure period, but they should know that that will move very quickly and that we are serious,” Bessent said Monday.

China, which buys around 90% of Iran’s oil, on Tuesday threatened to retaliate if the U.S. opted to expand economic pressure on nations trading with Tehran.

Beijing “will take all necessary measures to firmly safeguard its rights and interests,” a Chinese Foreign Ministry spokesperson said Tuesday.

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