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Global refurbished smartphone market saw 13% growth 2017, 140 million units shipped: Counterpoint

According to Counterpoint, Global refurbished smartphone market was up 13% in 2017 with over 140 million units shipped. 2017 has been a complete contrast with the global smartphone market that grew a mere 3% last year and is outperformed by the refurbished smartphones. Refurbished phones are usually pre-owned smartphones that are rejuvenated or repaired to be sold again in the market. According to Counterpoint, a total of 25% of pre-owned phones are sold in the market. These sales depend...
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