HOBI Weekly Blog Recap 9/6-17/21
Provided is a weekly snapshot of the recent electronic recycling, technology and mobile news that HOBI’s blog reported on during the week 8/06-8/10.
U.S. electronic goods recycling market worth $15.23 billion by 2025
Driven by rapid industrialization, increasing demand for automobiles and consumer electronics, and the growing need to manage proper utilization of natural resources are propelling demand for electronic goods recycling over the forthcoming years. According to ISRI, the U.S. electronic recycling market has recorded tremendous growth over the past few years. It reached the valuation of about USD 20 billion in last few decades and employs more than 45,000 employees in the industry.
Growth of refurbished phone market
Due to a combination of longer upgrade rates, the right to repair and rising upgrade costs, the refurbished phone market is predicted to see a year-on-year growth rate of 10 percent by 2022. It is a safe bet to say that if the smartphone industry continues to struggle to create impressive innovation, and important elements like cameras and screens only go from very good to extremely good, we’ll continue to see second-hand smartphones as genuinely good options in comparison to pricey high-end handsets.
E-scrap exports boost China’s battery recycling industry
Reports say that China is currently recycling more than twice the weight of lithium-ion batteries being recycled by the rest of the world. This is due to the exportation to China of electronic devices which will be refurbished and sold as reused devices. About 75 percent of smartphones, tablets, and laptops traded for reuse in Europe and North America will be processed in China. Meanwhile, the movement of batteries to China means North American and European companies are at a disadvantage.
The way you swipe your phone could be used to track you
We’ve all heard that some mobile apps track our movement on our smartphones and then store away our personal information. However, did you know that they way you use your mobile device could also be used as a means to identify and track you? Researchers say that gesture data, such as swiping, pinching or touching your smartphone provides enough information to identify users and track what users are doing on their smartphones. In fact, researchers say that left swipes alone can reveal up to 68.6 percent of user information.
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