Oppenheimer analyst Andrew Uerkwitz sees a major transformation happening in the smartphone market, and he believes that the latest news from Chinese handset maker OnePlus is a further indication that this change is coming sooner rather than later. In a new report, Uerkwitz discussed what the announcement of OnePlus’s latest phone means for competitors such as SAMSUNG ELECT LTD(F) SSNLF, Nokia Corporation (ADR) NOK 0.87% and Apple Inc. AAPL 3.21%.
OnePlus 2
OnePlus is only about two years old, but the small company has already shipped more than 1.5 million units globally. The company recently announces its second phone, the OnePlus 2, which the company claims will have “one of the most advanced camera systems on the market.” Features include updated optical image stabilization, larger camera sensor and laser auto focus.
In addition to the advanced camera, the phone’s Oxygen OS, which is a customized version of Google Inc GOOG 0.31% GOOGL 0.52%‘s Android 5.1, features off-screen gestures, customizable buttons, Waves MaxxAudio and a SwiftKey Keyboard.
Change Is Coming
According to Uerkwitz, the features contained in phones produced by value-oriented Android phone makers like OnePlus leave…
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