There is so much time, effort, and physical waste that is generated by slightly redesigning phones every year purely for the sake of making sales (as opposed to meaningful improvement upon the existing design or introduction of a new hardware feature). Think not only of people upgrading for the sake of it, but all of the cases, screen protectors, and other assorted accessories cast in plastic for previous models that are garbage now.
It would be nice if we could just space these things out to 5 years or so now, because that's probably how long it takes for anything to change enough to justify a new model.
Because it simply isn't true. FP has been around for 10 years now, making phones, learning, scaling up. They sold close to a million phones every year since 2020 (last year over 1100000 phones). And while a million phones isn't much compared to iPhones or Pixels, it's bigger than many other small phone companies (Chinese or not). They've been diversifying with headphones, and earbuds. And with t he last edition, they finally felt confident with supply chains to guarantee spare parts for decades to come.