They have been granted patenton a 3.5mm receptacle modification which would be ideal even for thinner smartphone models. It is essentially the same 3.5mm jack but the socket is flexible. It accepts standard TRS or TRRS plugs and expands when a plug is in place. However, it retracts back down when not in use. Springs apply tension so that the fit is snug, and ensures that the socket closes back down after pulling out.
More at the links.
eTeknix
Link
Windows Central
More at the links.
eTeknix
Link
Windows Central