Sony plans to continue producing smartphones for the foreseeable future. The company extended a multi-year agreement with Qualcomm to use the Snapdragon platform for its smartphones, which will allow the manufacturer to use the most modern processors.

This partnership involves the creation of premium models based on Qualcomm chips, as well as their use in high- and mid-range smartphones. This means that despite the occasional rumor that Sony might follow LG’s lead and shut down its smartphone division, the company is not going to do so just yet.

Last month Sony introduced the Xperia 1 V smartphone, designed with a focus on photographers and vloggers. Powered by the Snapdragon 8 Gen2 mobile platform, the Xperia 1 V uses Sony’s camera technology to enable users to capture high-quality photos and videos. The device can also be used as a monitor for compatible Sony Alpha cameras. However, high-end Sony Xperia smartphones, including the 1 V model, have a premium price starting at $1,400.

In addition to its premium offers, in May Sony presented the mid-range model Xperia 10 V. Equipped with a Snapdragon 695 processor and an OLED display with a resolution of 1080p and a frequency of 60 Hz, the smartphone is now available in Europe at a price of 449 euros (approximately $500).