After Apple, Samsung Intends To Bank On Refurbished Phones

After handset giants Apple has shown interest in selling refurbished mobile phones, Samsung Electronics now reportedly planning to launch a program to sell refurbished used versions of its premium smartphones. Samsung will refurbish high-end phones returned to the company by users who signed up for one-year upgrade programs in markets such as South Korea and the United States, Reuters reports. According to the report, the move is aimed at sustaining earnings momentum after reviving its mobile profits by restructuring its product line-up. As growth in the global smartphone market hits a plateau,...
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