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Tag Archives: processors

Sims feels pressure from lower device prices, cost inflation

Published: February 15, 2023
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Rendering of a graph showing down markets,

A Sims Lifecycle Services financial presentation attributes reduced resale prices to lockdowns in China and muffled consumer demand stemming from inflation. | antb/Shutterstock

Sims Lifecycle Services resold considerably more IT devices in the latter half of 2022, but softer demand resulted in lower selling prices and inflation took its toll on profits.   Continue Reading

Feds loan $2B to Redwood Materials to build facility

Published: February 15, 2023
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Close-up of a Li-ion battery.

Redwood’s McCarran, Nev. campus will eventually produce about 100,000 metric tons of cathode active materials and 36,000 metric tons of ultra-thin battery-grade copper foil each year. | Allyson Kitts/Shutterstock

Redwood Materials has secured a major loan from the federal government, with some strings attached, to help build out its Nevada lithium-ion battery recycling campus. 

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ITAD company sees quick growth, $4M in four months

Published: February 1, 2023
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Angola, Ind.-based Refreshed Tech brought in 148,000 units for refurbishment between its founding in August 2022 and the end of the same year. | Courtesy of Refreshed Tech

Refreshed Tech closed 2022 with $4 million in sales after just four months of operation and is poised to triple its sales and double its staff in 2023.

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