Tech

Tech roundup: The growing Brazilian market for used smartphones

Expensive new devices, the arrival of 5G, and Brazilians' low purchasing power explain the momentum in the second-hand smartphone market

Tech roundup: The growing Brazilian market for used smartphone
Photo: True Touch Lifestyle/Shutterstock

Welcome to our Tech roundup, with the biggest stories on technology and innovation in Brazil. This week: A new push for the smartphone market in Brazil.

Brazilian used smartphone market gains new momentum

A combination of the exorbitant prices of recently launched smartphones in Brazil and the arrival of 5G technology in many state capitals has boosted a relatively new market in the country: that of used and refurbished mobile devices.

The market now … According to a survey conducted by the International Data Corporation (IDC), the estimated revenue of the used smartphone market in Brazil was BRL 2.8...

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