Used smartphones and refurbished phones provide an alternative option for consumers who don’t want to get a new smartphone at full price and looking to save money while replacing the existing model.
According to the latest IDC report, the global shipments units of used smartphones including both officially refurbished and the second smartphone is expected to reach 225.4 million units in 2020.
This represents an increase of 9.2% over the 206.5 million units shipped in 2019. IDC projects used smartphone shipments will reach 351.6 million units in 2024 with a compound annual growth rate (CAGR) of 11.2% from 2019 to 2024.
Due to COVID-19, the new smartphone sales get affected in this context IDC predicts that the mobile phone market will decline by 6.4% in 2020.
“In contrast to the recent decline in the smartphone market, as well as the forecast for minimal growth in new shipments over the next few years, the used market for smartphone shows no sign of slowing down across all parts of the globe”, says Anthony Scarsella, research manager at IDC
“Refurbished and used devices continue to provide cost-effective alternatives to both consumers and businesses that are looking to save money when purchasing a smartphone. Moreover, the ability for vendors to push more affordable refurbished devices in markets where they normally would not have a presence is helping these players grow their brand as well as their ecosystem of apps, services, and accessories.” Anthony added
IDC said that most of the expected growth of second-hand smartphones is driven by the fact that the old-for-new policy of mobile phone manufacturers is pushing more and more consumers to use old phones to offset the cost of expensive new phones.
“Although the COVID-19 pandemic has posed challenges for secondary market participants around able-bodied workers and logistics, most of the industry has been able to satisfy the demand for refurbished smartphones. Once the pandemic begins to fade, those that we’re able to invest in technology will be well-poised to prosper during the recovery,” said Will Stofega, program director, Mobile Phones.
Huawei 2021 Sustainability Report highlights digital development
Huawei has published the 2021 Sustainability Report that brings out the digital development of the company into the limelight. So far, the company has initiated several technical solutions and programs that can contribute to the digital economy of the world.
Well, the 2021 Sustainability Report of Huawei describes accurately each program and effort. Ahead, it also explains how the company managed to aware the individuals about the positive aspect of technology in various fields. So let’s explore these aspects in more detail.
According to the information, the Sustainability Report is mainly wrapped around four strategies. These are digital inclusion, security and trustworthiness, green environmental protection, and harmonious ecology. Based on these aspects, the report shows the main achievements of the company in the past few years.
Huawei has validated the TECH4ALL program that connected more than 400 schools across the globe. Alternatively, it proved a boon and helped more than 110,000 teachers and students for accessing Internet services. Besides, the TECH4ALL project has played a vital role in the following areas:
- Protected more than 32 areas in 25 countries
- Enhanced biological diversity protection efficiency
- Added Accessibility features that made more than 4.4 million visually impaired users, and 8 million hearing impaired users use Huawei technologies, every month
- Provided connections for 60 million individuals in remote areas in more than 70 countries with the help of the RuralStar series solution
Security and Trustworthiness
Huawei believes that network security and privacy protection are the main priority of the company. Last year, the Chinese tech maker has attained more than 70 network security certifications. Further, it has operated 20,000 data subject requests.
Thereafter, the company also gained 35 AEO certifications in 28 countries and across five continents to build better supply chain security. The company was also the in-charge of emergency response and timely handling of more than 180 crises.
Apart from social and technology values, the company also thinks about the environment. It’s worth mentioning that Huawei increased the use of renewable energy last year, and made it reach up to 300 million kWh. This was an increase of 42.3%.
Comparatively, the P50 series of Huawei has a reduction of 89 percent of plastic content in its packaging. Overall, the proportion of plastic in the manufacturing of the P50 series is less than 1 percent.
Huawei also relies upon integration and comprehensive values. The company also takes care of the people who keep on making efforts for the development of the firm. According to the report, Huawei has 195,000 employees across the world.
In this figure, around 107,000 employees are working in the research and development sector of the company. Moreover, the global employee security investment has reached more than 15 billion yuan [2.2 billion USD]. Aside, the global sales revenue in 2021 was 636.8 billion yuan [approx 100 billion USD] with a net profit increase of 75.9 percent.
To summarize, we can say that Huawei has fruitfully gained a better place in the globe with its ultimate hardware and efforts. And we are eagerly looking for what new steps will the company take in the time ahead.
Huawei and Partners explore digital technologies for innovative education system
Huawei has recently conducted the TECH4ALL Innovative Education Global Online summit. The conduction of this program mainly aims at the exploration of digital technologies that can serve as benefits and can help in the transformation of the education system into a more innovative and inclusive manner.
According to UNESCO, Technology can play a vital role in transforming and giving a new life to the education system. However, the fact lies in the point that the utilization of the tech parts must be in such a way that it can provide public digital learning content, and platforms and can change the old teaching methodologies.
Three ways to transform the Education system
The CMO of Huawei ICT infrastructure -Kevin Zhang describes how technology will give routes for three creations that can contribute well to the education system. She said the following words regarding the three key factors:
“Technology truly has the power to transform education for everyone. We are doing this in three ways: connecting schools, promoting digital skills, and supporting STEAM curriculum.”
So far, Huawei has put forth several efforts for an innovative education system. The company has developed and supported numerous Technology-enabled Open Schools for All (TeOSS). This is a three-year project that is approached as a benefit for the students as well as teachers in the African nations.
Thereafter, Huawei learned that connecting schools, boosting digital literacy, and providing educational institutes with digital devices could work as a key priority in bringing the transformation. As a result, the Chinese tech giant started initiating this phase.
Consequently, the company made the successful completion of the DigiSchool project in Kenya. Huawei has connected more than 13 schools at a time, benefitting 6000 students. On the other hand, the company assured that no child should leave behind in this project.
Expanding its roots to more regions, Huawei further brought the DigiTruck project to France. Ultimately, this initiative helped in addressing the literacy issue. Aside, it provided free training in digital skills, targeted unemployed people, and continued theme skills development.
To bring a good education system in the time ahead, Huawei and other partners are constantly making efforts. Moreover, they are exploring new technologies that can help in this matter in a positive way.
Huawei Hyperfusion business revenue exceeds 1.1 billion USD in H1 2022
The Hyperfusion business of Huawei is back on trend and has scored a good amount in its revenue. As per the latest information, the business server has quickly recovered from its traditional status and has exceeded revenue of 8 billion yuan [1.17 billion USD] in the first half of the year 2022.
You might be wondering where this new term ‘Hyperfusion’ has appeared. Well, Hyperfusion business server is the subsidiary institute of Huawei. The Chinese manufacturer has completely adopted the cooperation in September 2021.
Thereafter, in November 2021, the firm turned around from Huawei to handle things independently. Alternatively, it integrates and works on several technological concepts. For instance, industrial engineering design services, Internet of things technology research and development, and more.
According to the latest information, the business operators jointly held the first hyperfusion partner conference in Zhengzhou, today. Various companies such as Advanced Digital Communications, Beiming Software, Zhouyou Yunzhi, and Guangzhou Yaoheng have attended this event.
The officials of Huawei Hyperfusion business have organized the event for celebrating the success of the excellent revenue. Appreciating the deeds, the operators said that Hyperfusion has committed to becoming the world’s leading provider of computing services.
Hyperfusion recovered rapidly in the first half of 2022
Consequently, the Chairman and CEO of Hyperfusion – Liu Hongyun has expressed his satisfaction with the recovery of the business. Liu said the business has recovered quite rapidly in the first half of this year. It was capable of making more than 10 billion yuan [1.47 billion USD] orders and revenue of 8 billion yuan [1.17 billion USD].
Together, these efforts brought the company to the third rank in China, in terms of market share. Additionally, it has also gained more than 2000 superfusion employees and 5000 partners.
Liu believes that by relying upon the ecological concept of win-win cooperation, the Hyperfusion business will be able to create a great value creation platform.