What does global sales of refurbished smartphones mean by 15% during 2021?
The refurbished phone market witnessed strong growth during 2021, as its sales increased by 15% compared to 2020, while sales of new phones only increased by 4.5% during 2021.
And according to a Counterpoint report, demand for 5G cars ended up being offered companies for sale, which can be recycled as refurbished, as more of those deals were accepted.
What does a refurbished smartphone mean?
A refurbished smartphone is a used smartphone that has been returned to the manufacturer, device, appliances, home appliances, phone case both inside and outside, these smart devices are also repaired to look like new devices.
According to the report, Apple is the most well-known brand of smartphones in the refurbished market, followed by Samsung, as these smartphones combine more additional trade with them as both brands notice increased revenue to their main.
The report also states that their prices are print ready.
The report is attributed to some of the well-known global retailers known around the world.
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