IT Glossary

secondhand market

Previously owned or used mobile devices that are sold or given free to other users who typically obtain a new network connection. Secondhand devices sometimes are refurbished systematically before resale in other countries or passed on to other users in their original condition. Although most countries have a small secondhand market, it is a significant factor in price-sensitive developing markets such as China, where marginal subscribers are looking for the lowest-cost, entry-level device.

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