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One of the latest reports from Counterpoint Research, a famous analysis company, shows that one-third of smartphone users will reduce their budget by 20% when buying the next one. According to its research, the main reason for the reduction in expenditure is the continuing pandemic of Covid-19. At present, various industries and economies are suffering…
The decline of the smartphone Shipment in the market in 2019 also affected the segmented market of refurbished mobile phones. According to statistics from Counterpoint Research, the total refurbished devices sold by manufacturers were 137 million in 2019 (accounting for 9% of the total sales). That was a decline of 1% on a year-on-year basis.…
The worldwide smartphone sales data published by Gartner, a market research organization, showed that in the Q1 of 2020, the total smartphone shipment all over the world was 299 million. Which with a decline of 20.2% on a year-on-year basis. The Gartners’ report showed that the global smartphone market has experienced the worst decline in…
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The market of second-hand mobile phones is huge…
According to statistics, 50,000 to 60,000 old cell phones are recycled through proper channels every day,
