Water exposure in phones can lead to short circuits, causing components to burn out due to excessive current. Corrosion is a significant concern, as it can quickly damage copper conductors, and even if a phone is dried out, tiny metallic threads called dendrites can form and persist, potentially causing ongoing issues. Removing the battery immediately after exposure can help prevent further damage, and placing the device in rice or a low-humidity environment may aid in drying it out. While some users have successfully revived their devices after water exposure, it is often more cost-effective to replace the phone rather than repair it. Ultimately, the extent of damage depends on the duration of exposure and whether the device was powered on during that time.