How Mobex is rebooting the refurbished mobile market?
You should know that the refurbished mobile phone market in India is changing dramatically; more and more people are going for refurbished mobiles from premium brands. Mobex has had a direct impact from its work and recent surgeries to make premium smartphones available to more and more people across the nation. As per Gartner Inc., sales of smartphones around the world increased by 6% in 2021, with South Korea's Samsung Corporation taking the lead, followed by Apple Inc. of the United States.
A more significant year-on-year (YoY) rise of 15% was reported in the refurbished mobile industry, according to the most recent reports. This finding is quite interesting. According to the findings of the Global Refurbished Smartphone Tracker published by Counterpoint Research, the market for refurbished smartphones around the world experienced an increase in both demand and supply in the year 2021.
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