The mobile industry is one of the biggest industries in the world. There are several tech companies in the world making various models of smartphones for the public. The industry is also one of the most lucrative because smartphones have become a sort of status symbol. People love to be seen with the latest gadget that cost thousands of dollars. There are even people that change their smartphones every year as soon as a new model is released. You can also find special edition models that may have gold or diamonds applied to their physical appearance along with a price tag that goes well over $10,000. These are normally made by aftermarket companies that specialize in customizing smartphones.

Due to this, several tech companies have sprung up intending to take a share in the market. Smartphone manufacturing companies make a lot of revenue from yearly sales as people purchase more and more phones.

There are mainly two categories of smartphones. These are:

  1. High-end smartphones

These are smartphones that normally cost thousands of dollars and come with the latest features available in the tech world. They are normally the flagship models made by their companies and have high performance with cutting-edge technology.

  • Budget smartphones

These are smartphones that come with budget price tags and are targeted toward people who cannot afford to pay thousands of dollars for a mobile phone but want something that is near to a flagship smartphone. They may have little or none of the features found in high-end smartphones. They normally cost below the $400 range.

  • Biggest smartphone makers in the world

With that said, let us now take look at the biggest smartphone manufacturers in the world. These companies are the most popular tech companies in the world making some of the most expensive smartphones ever.

  • Apple

Apple is a well-known brand in the tech industry. The company is well known for its line of iPhone smartphones which have become a symbol of wealth, status, and achievement for some people. The iPhone is one of the most expensive smartphone brands in the world. Apple is also one of the wealthiest companies in the world with a value that surpasses well into the 1 trillion dollar range. Apart from making the popular and highly expensive iPhone line of smartphones, Apple also produces computers and smartwatches among various other tech gadgets. 

  • Samsung

Samsung is a well-known tech company and is perhaps as popular as Apple is. Samsung is primarily known for its Galaxy smartphone lineup which includes a lot of smartphones in the two main categories mentioned above. The number of phone models produced by Samsung may be uncountable as the company releases smartphones frequently. Apart from smartphones, the Korean company also manufactures computers, refrigerators, and many more.

  • Huawei

Huawei is a Chinese-based tech company that has been able to build a name for itself in the smartphone industry. The company seems to concentrate a lot on the budget smartphone category and has released a lot of quality smartphones for buyers in this sector. It is also into the production of other tech devices for various telecommunication companies around the world. Huawei has gained a huge share of the Chinese market, even with players like Samsung and Apple operating there.

  • Xiaomi

Xiaomi is another popular smartphone company that is not well known outside the Asian continent. The company has been able to gain ground with the release of some of the best affordable smartphones in the industry. With sleek designs and great features, its products have become some of the best-sold smartphones on the market.

  • Oppo

Oppo is another smartphone manufacturer that is not all that popular. However, the products made by the company can rival products from the likes of Samsung and Apple. Oppo makes smartphones with awesome features and sleek designs that come with affordable price tags.

  • Conclusion

These are the most popular smartphone makers in the world at the moment. These companies are also the wealthiest in the smartphone industry, raking in millions of dollars in revenue from the sale of their products. The smartphones made by these firms are some of the best with the latest features and high performances. It is truly worth trying a gadget from any of the companies above.

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