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Memory Cost Drop Cuts Used Smartphone Prices in Half
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Memory Cost Drop Cuts Used Smartphone Prices in Half
A sudden and significant drop in memory chip prices has led to a sharp decline in the resale value of used smartphones, with prices plummeting by as much as 50% this month. Overall, the market for recycling used phones has fallen by approximately 45% to 50% in April, according to a seasoned recycler operating in Shenzhen’s Huaqiang North Commercial District, one of the largest electronics hubs in the world. Since the latter half of last year, th…
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