The company noted the investment money will be used to build and deploy thousands of automated kiosks across the U.S., Europe and Asia. | goir / Shutterstock
Mobile device collector and resale firm ecoATM Gazelle has raised $75 million to roll out its automated kiosks in more locations around the world.
By acquiring CExchange, Echo Consolidated Holdings Group will now offer customers a full suite of services. | fizkes/Shutterstock
Echo Consolidated Holdings Group, a family of Dallas-area electronics recycling, ITAD and IT services companies, recently expanded into the mobile phone trade-in business by acquiring CExchange.
An industry insider wrote that 4G devices will retain their value in the near future, allowing carriers to offload devices into secondary markets. | Dmitry Demidovich / Shutterstock
A mobile expert at Assurant says technology developments to boost cellular connectivity will help drive turnover of devices.
In the annual review of company data Hyla noted that trade-in activity was slower for the full year, but that it picked up significantly in the fourth quarter. | Sonyerry/Shutterstock
Mobile device trade-ins are older than they used to be, according to recent figures from device trade-in firm Hyla Mobile. Devices are also largely retaining their value.
Closing The Loop’s project accumulated about 11,000 pounds of batteries, primarily from mobile phones. | Orapruek/Shutterstock
Leaders of an effort to recycle mobile phone batteries collected from West Africa recently outlined challenges and successes during their 18-month pilot project.
Apple alleges its damages total $30 million Canadian, deriving from lost profits from gray-markets sales and injury to Apple’s brand image and trademarks. | IRENE COLL INGLES/Shutterstock
Apple claims GEEP Canada employees hid Apple devices out of view of an e-scrap facility’s cameras, mislabeled devices as “copper bearings” for outbound shipping, and then received kickbacks for illegally reselling them.
Ingram Micro’s ITAD division has cut a check to fund the collection and recycling of an estimated 12,000 phones from African countries. | Anton Starikov/Shutterstock
Ingram Micro has partnered with Dutch company Closing the Loop to recycle scrap phones from Africa, the first step in what’s expected to become a deeper collaboration.
Gold is a key metal for e-scrap processors. | Don Bendickson/Shutterstock
Prices for an important precious metal increased notably in recent weeks, raising the value of recovered printed circuit boards.
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.
Samsung is among the OEMs offering free repairs for frontline health care workers. | sasirin pamai/Shutterstock
Phone manufacturers offer free repairs to frontline workers, and ventilator producers release resources helping third-party companies fix ventilators.