Samsung leads the market in refurbished phone segment

Samsung is very keen on selling the refurbished phones, and we know how Samsung loves to tout its sustainability efforts. You know Earth day is coming and it’s time for Samsung to look at and review its sustainability goals and efforts for 2022.

Purchasing refurbished phones are the ways to go green. As it reduces the E-waste. Many popular blogs are talking that the global market for refurbished smartphones is grown by fifteen percent in 2021 as compared to the previous year 2020.

According to the counterpoint research, the fact might surprise you that refurbished smartphone market shipment is more than the fresh selling smartphones in the year 2021. Might be due to the that various smartphone companies are increasing the price of their flagship phones.

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Samsung is continuing its efforts to sell smartphones in all categories and opening certified renewing service stores and centers. Some research firms revealed that 20 percent of the material which is used for manufacturing new smartphones comes from devices that are recycled.

So, if you are not using your previous smartphone do not make a heap out of them, you can send them for recycling at the official recycling store or from the store where you have purchased them.

You will also be offered a nice amount of cashback or replacement offer, for replacing your old phone with the new one. Samsung is making lots of efforts to reduce this E-waste.

Talking about present days 5G network is yet progressing and being developed by various telecom service providers globally. In our view, 4G is expanded vastly to all the regions of the world, and this could be a possible reason that refurbished and pre-owned phones have retained their value.

It is very obvious that if the technology takes an upgrade, you will need to surely upgrade your device. But one should think before doing a lot of investments in the device. You need to ask yourself is it worth buying a fresh product or if you can stay with your old one.

One of the major factors is the infrastructure that has been set up to bring the customers to the store. So they can easily approach the OEMs through the company-owned service channels.

Currently, the US market is trending toward refurbished phones. The time is near when refurbished phones will be sold at an equivalent price that the new smartphone is offering. However it is our opinion, what do you think about your smartphone’s refurbishment?