India, Africa to drive refurbished smartphone market, says report


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India and Africa are among the key regions that will drive sales of second-hand smartphones going ahead. The refurbished handset market in these regions is expanding on the back of improvements in domestic tech and repair capabilities, market analyst firm Counterpoint Research said. “We expect more secondary market volumes to move to other areas such as Africa, Japan, India, and Europe. There are established secondary market companies, with new companies also moving into these regions. There is also an appetite for flagships from premium brands but at mid-tier pricing,” Glen Cardoza, senior research analyst at Counterpoint Research, said. Additional trade-in...