Used Phones many companies are specializing in recycling

1. Used Phones many companies are specializing in recycling Used Phones There are hundreds of millions of used cell phones out there, so many companies are specializing in recycling and selling second-hand cell phones. In a few years, used cell phone sales could make up a fifth of all cell phone sales in the United States. , one of the largest companies in the industry, has sold or recycled approximately million mobile phones, up from million units five years ago. The company sells of the devices with the remaining being sales through resellers in Asia, Africa, and Eastern Europe. used phones Until now, has bought the phones in large stock from other organizations that collect them, but - as the Wall Street Journal explains today - the company now wants to buy the phones directly from users through. The site allows you to search for the phone you want to sell, see its price and conclude the sale directly online. The company sends you home everything you need to pack your phone and send it free to. After evaluating the condition of the mobile phone, the site sends a check that can be regularly cashed in the bank. The service is available in the United States and allows companies like to get new devices to recycle or resell. Executives expect to increase their revenues by this year, also on the back of the strong results with million in revenues. Over the past two years, the company has also raised million from some investment funds.

2. Used Phones Global sales of used phones amount to several hundred million units per year, explains Andy, an analyst at Yankee Group, This figure compares with the 1.6 billion new phones sold worldwide. Last year. While some cell phone retailers have been around for decades, the industry is expanding now as more advanced cell phones cost more and can fetch several hundred dollars even after a year or more of use. In addition, the still weak economy leads to greater thrift, and some people are even looking for easy-to-use mobile phones produced a few years ago to avoid having to learn how new ones work. Large-scale distribution in the United States is also working hard on the used cell phone front. The Best Buy chain collects and refurbishes second-hand cell phones to sell in their stores. The same strategy is also followed by telephone operators and hundreds of e-commerce sites. Used Phones has a large factory where it receives thousands of old cell phones every day. About three-quarters are, cleaned and put up for sale, the remaining 2are phones so old they can only be recycled. The workers recover the metals and deliver the plastic parts to a recycling center. But getting old mobile phones back on track is not always easy. Sometimes spare parts are needed for off-market models, while in other cases it becomes difficult to place older smart phones on the market because manufacturers no longer provide updates or technical support for those models. Cell phones that require more maintenance are shipped to China, Vietnam or Mexico for repairs. Used phone dealers are also facing competition from manufacturers, who are starting to market phones with limited functionality, but which often cost less than. Companies such as therefore also aim at the higher end of the market, offering customers second-hand smart phones such as iPhones and Android- powered phones and, if necessary, also tablets, such as the iPad and Samsung's Galaxy.