Cell phone innovation is evolving day after day. This is attributed to a number of social conditions that are favorable for the industry. For instance, the rapid development and distribution of cell phones has made it possible for relatively poor individuals to access the interactive and useful information. Cell phones are relatively cheaper and effective in communication. Thus, they are used across all the social classes, races and age groups of people in the globe. In addition, commercial activities and business transactions motivates this kind of technology since information can easily be exchanged between two different parties. With the current technology, some cell phones are designed with applications that can perform the function of debit and credit cards.
Cell phone, being a modern tool of communication, is diffused through various channels. To start with, many cell phone products are marketed and sold through the internet. With more than billions of people accessing the internet, they easily access the several blogs and advertisements on new and upcoming models of phones. Moreover, other cell phone manufacturers use local newspapers, televisions and magazines to market their phone products. This awareness increases the people willingness to purchase and own the most effective communication gadgets.
In conclusion, the current trend of mobile phone innovation reports that every month a new cell phone is released into the mobile communication market. With the smartphones taking over, there are a number of built in applications which are being advanced from time to time. For instance, cell phones were once a perfect replacement for debit and credit cards. This innovation was mooted for a while but it is being lifted off drastically. Transactions will be carried out between two devices in a Near Field
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