For such phones, using any kind of peripherals, including external monitors, network interfaces or docking stations becomes possible.
There are relatively cheap smartphones with such USB ports, e.g. around $400 from Motorola, but the majority of the smartphones, including many of the most expensive, for which such limitations are inexcusable, are limited to a USB 2.0 interface, which is almost useless today.
While this Fairphone seems to have good specifications otherwise, there is no word about its USB Type C connector.
I am no longer willing to ever spend money on a smartphone that does not support at least USB 3.0 and DisplayPort.
EDIT:
Looking now on Gsmarena at Fairphone 5, I see that it had an adequate USB 3.0/DisplayPort. I have not noticed this before, because when searching for possible upgrades I was not looking to smartphones with CPUs as ancient as those of Fairphone 5.
Hopefully Fairphone 6 will retain the USB interface of its predecessor. This, coupled with a relatively up-to-date mid-range Qualcomm SoC and with a reasonable price for what it offers, can make it an interesting choice.