Shenzhen unveils China second-hand electronics transaction center
In order to promote the recycling and reuse of second-hand electronics, Shenzhen has built a display and trading platform combining wholesale and retail, while introducing a number of Internet companies to Huaqiangbei, to strengthen the integration of marketplaces and offline industries. AHS Recycle, PJT Marketplace and Paipai Marketplace, business segments of ATRenew, settled in as key corporate participants to assist in the compliance and standardized development of the industry.
CCS Insight’s prediction for second-hand iPhones
According to recent predictions
broadcasted by CCS Insights, over 50% of the 1.3 billion iPhones in use will be second-hand devices by the end of 2023. From 2024, the average life of an iPhone lasts eight years. In contrast, second-hand Android phones represent less than 25% of Android’s installed base.