It has been ages since any old-style feature phone could credibly be described as "cutting-edge," but that doesn't mean people don't still buy them. Especially in poorer countries where the smartphone market is less saturated and mobile networks are less robust, they can make up as much as one-third to one-half of sales. Flip phones are not a growth market, but there's still money to be made.
That's the thinking behind Qualcomm's new 205 Mobile Platform—remember, Qualcomm is now pushing "platforms" instead of "processors," and low-end 200-series chips aren't Snapdragons anymore. It's a chip made to power feature phones, but it's also designed to bring some "smart" features to these low-end, low-cost devices.
from Qualcomm has made a new chip for flip phones (yes, in 2017)