Why smartphones does not have extended warranties just like cars?

Smartphones have become a necessity for us these days

It is not only used for making calls, but you can do many other things with it

Users want to use their phones for a long time just like cars

You get an extended warranty of 3 to 5 years on cars

But even on the most expensive phones, you will get only a 1-year warranty

Samsung India's GM has recently given 3 major reasons for this

Technology is changing rapidly, due to which phones become outdated very soon

An average user changes his phone every 2 to 3 years, while cars are used for 15 years

Smartphones have small components, which cost more, which is why companies avoid giving warranties