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Image Credit : AI
What do they do with old phones?
The main profit for these traders comes from the phone’s useful parts. Even if a phone is dead, its screen, battery, camera, speaker, mic, charging port, and ICs might still work. They separate these parts and sell them to mobile repair shops. Since new parts are costly, repair shops prefer these cheaper, second-hand components. This way, a trader makes a decent profit from just one phone’s parts.