Refurbished smartphones, laptops set for breakout year as new device prices surge

Rising prices for new smartphones and laptops are driving a surge in demand for refurbished electronics. Consumers are increasingly turning to the secondary market as a cost-effective alternative to premium new devices.
Why it matters
This trend reflects broader economic pressures on consumer spending and the growing viability of the circular economy in tech.
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The content is a standard business news summary regarding market trends.
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