Refurbished Smartphone Sales Grew More Than New Smartphones In 2021
Apple held on to the crown as the world’s largest vendor of refurbished smartphones last year. But Samsung is getting ever so closer to the iPhone maker in this market. The Korean brand leads Apple in the new smartphone market though. Region-wise, Latin America saw the biggest growth (29 percent) in refurbished smartphone sales in 2021. It is still the smallest market for used smartphones though. India, with a growth of 25 percent YoY, has leapfrogged Southeast Asia and Africa to become the third-biggest market for refurbished smartphones, behind China and Europe....