While gold’s value is up 30% this year, following on the 20% improvement last year, a slight market correction has occurred in past weeks. | Andriy Malakhovskyy/Shutterstock
The value of the base and precious metals recovered from obsolete electronics has been at near record highs in recent months. However, market conditions appear to be softening.
Under Connecticut’s extended producer responsibility program, municipalities perform the bulk of e-scrap collections. | Suzanne-B/Shutterstock
Processing companies said multiple factors led them to raise recycling prices in Connecticut this year. Some cost pressures are unique to the state but others are being felt industry wide.
Second quarter PC shipments this year rose 2.8% compared with the second quarter of 2019. | joyfull/Shutterstock
PC shipments were up almost 3% during the second quarter of the year compared with 2019. Analysis firm Gartner says the growth was driven by stores beginning to rebound from the first-quarter COVID-19 disruptions, as well as a significant increase in laptop sales.
European trends suggest that end consumers are becoming more open to buying used electronics. | MaxFrost/Shutterstock
With OEMs struggling to produce and ship new electronics during coronavirus-triggered shutdowns, a new willingness to buy refurbished devices has sprouted in Europe, according to Deutsche Welle.
Since acquisition in 2016, Ingram Micro has consistently said it operates separately from HNA Group. | JHVEPhoto/Shutterstock
Because of mounting financial problems, Chinese government officials have seized control of the parent company of Ingram Micro, which has a global ITAD division.
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CalRecycle staff said their recommendation to raise payment rates was based on updated cost data submitted by e-scrap collectors and processors, as well as other factors. | DAMRONG RATTANAPONG/Shutterstock
Citing difficult market conditions and rising costs for the industry, California officials will greatly increase the rates they pay e-scrap firms to collect and recycle electronics.
In 2019, the Regulated Waste Division brought in 25% of TerraCycle US’s revenue. | Courtesy of TerraCycle.
TerraCycle’s division that handles a variety of regulated materials saw decreased revenue and profits last year, but a marketing push late in the year helped reverse the trend.
An industry group recommends that IT asset managers prepare now to properly manage the glut of devices coming back into workplaces when they reopen. | WSW1985/Shutterstock
IT asset managers should be ready for managing electronics that will no longer be needed when the coronavirus pandemic subsides and employees return to offices, according to an industry group.
Market research firm Gartner noted that in the first quarter of 2020 shipments of new PCs around the world declined by 12.3% year over year. | N.Z.Photography/Shutterstock
The coronavirus pandemic has disrupted worldwide supply and demand for new PCs, bringing both bad and good news for computer recyclers and refurbishers, according to Gartner.
In the midst of coronavirus-related closures, ITAD companies are reporting decreases of up to 75% in the flow of used IT equipment from corporate accounts and other organizations. | Zhuravlev Andrey/Shutterstock
At enterprises across North America, IT asset refresh projects are no longer a top priority. That has meant major volume drops for material processors, as well as painful staffing cuts in some cases.