Taxi medallion to "The Washington Post", medallions were "the best investment in America", but—due to increased competition from app-based car services and transportation network company growth from companies like Uber and Lyft—taxi medallions are now decreasing in price. In 2013, the price of a medallion was $625,000. In 2014, that price had risen to around $700,000. In 2014, a medallion was worth nearly $700,000. The total value of all medallions and assets related to them had a value of $2.5 billion in Chicago in 2013. In 2012, medallion prices ranged from $87,000 to $385,000. In 2015, Chicago's average medallion price was under
Smartphone improving LTE technologies. As of 2015, the global median for smartphone ownership was 43%. Statista forecast that 2.87 billion people would own smartphones in 2020. New trends for smartphone displays began to emerge in 2017, with both LG and Samsung releasing flagship smartphones utilizing displays with taller aspect ratios than the common ratio. These designs allow the display to have a larger diameter, but with a slimmer width than 16:9 displays with an equivalent screen size. Another trend popularized that year were designs—colloquially known as a "notch"—where the front-facing camera, and sometimes other sensors typically located along the top bezel