EETimes publishes Corephotonics article "Evolution of Zoom Camera in Smartphones." Few quotes:
"The future of mobile dual cameras is brighter than ever. Adoption rates surpassed analysts' predictions, and all major OEMs plan to launch or have already launched handsets with zoom dual cameras. Now the race begins for higher zoom factors, better optical stabilization, lower Z-heights and better low-light performance — anything that improves the overall camera and handset user experience. In this paper, we discussed some ways to increase the zoom factor and reduce the Z-height while maintaining superior image quality."
Oppo camera with 5x folded zoom and 2 axes OIS is said to represent the latest advances in smartphone zooms:
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