Below is a recap of this week’s blog posts including problem solving with vITAD, details regarding the Smithsonian museum’s “Connected” exhibit, battery funding provided by the DOE, and ways to minimize the risk of counterfeit electronic components.
Electronics have evolved with traditional hardware, including landlines, printers, fax machines, etc. Still, as technology continues to grow and change, non-traditional assets have become more utilized, leaving some in the industry at odds over how to process them.
HOBI International, Inc. plays a pivotal role in the upcoming cellphone exhibit at the Smithsonian National Museum of Natural History, “Cellphone: Unseen Connections,” highlighting the evolution of cell phones and their impact on society during the past few decades. HOBI, an IT and mobile asset disposition and electronics recycler, donated hundreds of recycled phones to be displayed in the exhibit opening June 23.
As part of the Biden-Harris administration’s Bipartisan Infrastructure Law, the U.S. Department of Energy announced plans to provide $192 million in funding for battery recycling advancements and the launch of a battery research and development consortium. This would bring the grand total of money dedicated to EV and battery technologies close to $3 billion.
Counterfeits are a challenge in every industry, and the electronics industry is no different. Although procedures exist to prevent counterfeit components from entering the market, that hasn’t completely stopped them from making their way through. Not only do these components end up damaging the ultimate performance of a product, but they also present safety issues.