The following is a recap of the HOBI blog during the week 1/29-2/05.
Cell phones first came into existence to help use stay connected to other people. These days, the modern smartphone can be used to not only help us stay connected with friends and family but so much more. Smartphones help users stay connected to physical objects, like our homes and other devices, and to intangible ones, like our health. In the last few years we’ve seen a huge growth in the use of health and fitness applications on mobile devices. Beating out Apple App Store and Google Play Store’s Top 100 chart regulars, Snapchat and Whatsapp, these health and fitness trackers may be hinting at a change in the trend of smartphone usage. Which makes us wonder: What exactly are people using their smartphones for?
Over the next few years, the IT Asset Disposition (ITAD) market is projected to see immense growth. The growth is attributed to the emergence of massive technological advancements in electronics, the increasing adoption of mobile devices, and the growing concern for environmental solutions. The media and entertainment industry will see the most growth in IT asset disposition, with the education market following closely behind. However, there are many constraints on the industry due to the lack of awareness of regulations and environmental concerns for ITAD as well as the limited funds for asset dispositions in enterprises.
For weeks, we’ve been hearing rumors of Apple potentially discontinuing the first generation of their recent anniversary phone, the iPhone X. Now, we can finally put those rumors to rest. It has been officially confirmed that as early as this summer, the iPhone X will be gone. Due to a stagnant growth in sales, especially in the Chinese market, which is a major market for Apple products, Apple has opted to remove the iPhone X from its mobile phone lineup. However, KGI Securities analyst, Ming-Chi Kuo predicts that by late fall, a new line of iPhone models could be ready to take the iPhone X’s place.
For the foreseeable future, the reverse logistics sector will be seeing higher freight rates. Industries across the board, including reverse logistics and recycling industries, will experience higher over-the-road shipping costs within the next few months. The increase stems for a combination of lingering effects from recent bouts of unpredictable winter weather, backlash from the recent electronic logging device (ELD) mandate, and a severe shortage of drivers. With the ELD mandate putting constraints on the already small number of drivers on the market, the freight industry looks to be tighter than ever.