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Second-Hand Smartphones Surge as New Models Get Pricier

  • The soaring prices of new flagship smartphones like Apple, Samsung, and Google are prompting consumers to consider second-hand and refurbished options.
  • Increasingly, tech-savvy and environmentally conscious individuals are contributing to the rise in demand for used smartphones, reshaping the traditional upgrade cycle.
  • Global analysts confirm a significant shift towards the second-hand phone industry, with platforms dedicated to buying, selling, and refurbishing gaining prominence.
  • With new smartphone prices on the rise due to advanced tech features, supply chain pressures, and currency inflation, consumers are turning to the more affordable second-hand market.

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