mobile news desk According to a report by Counterpoint Research, the refurbished smartphone market is expected to grow by 15% in 2021 as compared to 2020. Reports suggest that this increase is due to the increasing demand for
5G phones. 5G phones are more expensive than 4G models due to the advanced technology involved. Hence, it makes more sense for budget-conscious consumers to buy a refurbished 5G phone. This change in consumer behavior prompted companies to expand the list of phones that could be touted as innovative. The report also noted that the secondary market for refurbished handsets allows users to access certain phones for 60 percent less than their original prices. Simply put, a refurbished smartphone is a one-time phone that the manufacturer is returned to. The company then tests these devices and checks both internal and external conditions and makes them look like brand new. A recent report suggests that
Apple is the most popular brand in the new market, followed by Samsung.
Like the all-new model, the refurbished phone also comes with a guaranteed warranty cover. This is very important as the phone has been damaged in the past and warranty is the only protection in case there are any other problems. Buyers should check the network lock before buying a refurbished phone. They should definitely find out if they want to buy a refurbished phone with their SIM card. Buyers should also ensure that the phone they buy is compatible with the Indian mobile network. Whether you are buying a new phone or a refurbished model, it is always important to ensure that they buy from reputable sellers like eBay, Amazon Huh. All simple paper, including purchase bill, warranty, come with refurbished equipment. This paperwork prevents buyers from purchasing a stolen or lost phone.
