https://wccftech.com/sony-smartphone-shipments-ten-year-low/

Japanese company Sony's troubles in the smartphone world seem to be getting worse day by day. Sony (TYO:6758) is one of the oldest smartphone companies out there, and its excellent camera sensors make it on nearly every flagship device. Still, despite making great sensors, Sony is unable to sell its own smartphones. Now, following the company's second-quarter 2019 earnings results, we've discovered that its smartphone shipments have gone down the drain. Take a look below for more details.

Owing to the fact that the smartphone industry has matured due to prowess in manufacturing, companies are finding it harder to sell new devices to users. This trend has lengthened upgrade cycles, which has hurt companies like Apple and Qualcomm who rely on high-end gadgets sales for their bread and butter. Apple, for its part, has introduced a new addition to the iPhone lineup that offers almost all of the features as the other two high-end smartphones do. Qualcomm, on the other hand, is hoping that 5G will prove to be a godsend in solving the company's problems.