Counterpoint: Sales of refurbished smartphones decline 1% in 2019

The smartphone market recorded a decrease in shipments in 2019, and this affected the refurbished segment as well. According to Counterpoint Research, manufacturers sold 137 million refurbished devices (9% of total sales), which is a 1% decrease on a yearly basis. Markets like Europe, China, and the United States saw a decrease, while India, the LATAM region and Africa saw an increase. Jeff Fieldhack, Research Director at Counterpoint, revealed this is the first time in four years the refurbished market has declined for the full calendar year. The trend is changing since many consumers...

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