Outerwall, the parent of electronics trade-in company ecoATM, is merging with a private equity firm and will no longer be a publicly traded company.
Outerwall, the parent of electronics trade-in company ecoATM, is merging with a private equity firm and will no longer be a publicly traded company.
4L Holdings, the parent company for Clover Wireless, voluntarily filed for Chapter 11 bankruptcy in December. | TheaDesign/Shutterstock
A major North American phone repair and remarketing company has received court approval to restructure its debt, allowing it to come out of bankruptcy in the coming days.
Several significant announcements have come from Clover Technologies Group in recent weeks. | matkub2499/Shutterstock
Clover Technologies Group will sell its used printer cartridge remanufacturing business before filing for bankruptcy to restructure its debt.
Clover Wireless processes over 7 million devices annually. | Maxx-Studio/Shutterstock
Clover Wireless, which operates the largest mobile device repair center in North America, has acquired used device trading platform MaxBack.
Used phones of various models are fetching higher prices, according to a processor. | Daniel Krason/Shutterstock
HYLA Mobile reports prices for traded-in mobile phones have steadily increased over the last few years, and the company noted overseas markets for used 4G phones remain strong.
HP and other electronics manufacturers recently made recycling- and repair-related announcements. | BalkansCat/Shutterstock
A brand owner unveiled a printer made with 30% recycled plastic from old electronics, and iFixit gives better marks for a new Microsoft laptop.
The following are a few recent announcements from OEMs:
E-plastics recycling: HP introduced the HP Tango Terra printer, which is partially made with recycled e-plastics (30% recycled content). The device also uses cartridges made from recycled resin, including plastic that’s at risk of entering the ocean. HP and global processor Sims Recycling Solutions have a partnership focused on recycling e-plastics. HP is also involved in recovering plastics in Haiti that are at risk of washing into the sea.
Foldable phone unveiled: One OEM continues to roll out phones you can fold up, a sign of product shifts the e-scrap industry will be seeing in the coming years. PCMag.com reports Samsung demonstrated a smartphone that can be folded in one of two directions. PCMag noted the company has already marketed the Galaxy Fold but its high price and mediocre reviews limited its success. The publication also noted the first Galaxy Fold devices to be sent out for review earlier this year experienced durability problems.
Repairability improvement: The new Microsoft Surface Laptop 3 is “a radical change for the better” in terms of repairability, according to Kyle Wiens of iFixit. The repair hub graded the device a 5 out of 10 for repairability, 5 points higher than the previous version of the laptop. The company noted the “opening procedure is straightforward, with a clever design that represents a dramatic improvement over its predecessors.” Still, it noted the computer has a “firmly glued-down battery.” In October, iFixit also released teardown guides rating repairability for the Apple Watch Series 5, Google Pixel 4 XL and the OnePlus 7T.
4L Holdings, the parent company for Clover Wireless, voluntarily filed for Chapter 11 bankruptcy in December. | TheaDesign/Shutterstock
A major North American phone repair and remarketing company has received court approval to restructure its debt, allowing it to come out of bankruptcy in the coming days.
Several significant announcements have come from Clover Technologies Group in recent weeks. | matkub2499/Shutterstock
Clover Technologies Group will sell its used printer cartridge remanufacturing business before filing for bankruptcy to restructure its debt.
Used phones of various models are fetching higher prices, according to a processor. | Daniel Krason/Shutterstock
HYLA Mobile reports prices for traded-in mobile phones have steadily increased over the last few years, and the company noted overseas markets for used 4G phones remain strong.
Clover Wireless processes over 7 million devices annually. | Maxx-Studio/Shutterstock
Clover Wireless, which operates the largest mobile device repair center in North America, has acquired used device trading platform MaxBack.
HP and other electronics manufacturers recently made recycling- and repair-related announcements. | BalkansCat/Shutterstock
A brand owner unveiled a printer made with 30% recycled plastic from old electronics, and iFixit gives better marks for a new Microsoft laptop.
The following are a few recent announcements from OEMs:
E-plastics recycling: HP introduced the HP Tango Terra printer, which is partially made with recycled e-plastics (30% recycled content). The device also uses cartridges made from recycled resin, including plastic that’s at risk of entering the ocean. HP and global processor Sims Recycling Solutions have a partnership focused on recycling e-plastics. HP is also involved in recovering plastics in Haiti that are at risk of washing into the sea.
Foldable phone unveiled: One OEM continues to roll out phones you can fold up, a sign of product shifts the e-scrap industry will be seeing in the coming years. PCMag.com reports Samsung demonstrated a smartphone that can be folded in one of two directions. PCMag noted the company has already marketed the Galaxy Fold but its high price and mediocre reviews limited its success. The publication also noted the first Galaxy Fold devices to be sent out for review earlier this year experienced durability problems.
Repairability improvement: The new Microsoft Surface Laptop 3 is “a radical change for the better” in terms of repairability, according to Kyle Wiens of iFixit. The repair hub graded the device a 5 out of 10 for repairability, 5 points higher than the previous version of the laptop. The company noted the “opening procedure is straightforward, with a clever design that represents a dramatic improvement over its predecessors.” Still, it noted the computer has a “firmly glued-down battery.” In October, iFixit also released teardown guides rating repairability for the Apple Watch Series 5, Google Pixel 4 XL and the OnePlus 7T.
Clover has recently hired debt restructuring advisers. | antb/Shutterstock
Clover Technologies Group, the world’s largest collector of used printer cartridges, is suffering financial problems caused by heavy debt and the loss of two customers.
More than a quarter of consumers are so concerned that data on their old mobile phones might be compromised that they wouldn’t trade in the devices, according to a survey.