Should really find out what happens to these really old phones which have no market value at all. They are taken back by dealers at say $10 -15 per piece I think in exchange for a new phone. Will work on this for sure and see where these phones really go
Also, the report was right in terms of mobile financial transactions. A few companies in India are working on tying up the back end to banks through the mobile but these are still pilot projects and govt regulations too are involved. But in rural areas, it is most likely to happen faster
As usual the India angle comes up and that is something that I would like to do - check out where these discarded phones come in and who does the dismantling. It may not be an easy task because many would not be wanting to talk about it but I really wonder what happens to old phones.When I say old, i mean really old and dilapidated ones.
But on the other hand we have these exchange offers in our country at almost every retail outlet where you can exchange your old phone for a new one. Say for instance, a 2-3 year old blackberry gets a Rs10,000 ( $160) discount on a new Samsung Note or S3. I used to think that they give these phones to people who sell second hand phones (not in shops but through another network). But got to find out what happens to really old phones.. and do companies in the US and EU really "export" old phones to countries like India and China to sell or to dismantle them? Any take on this from anyone who specialises in e-waste?
As we unveil EE Times’ 2015 Silicon 60 list, journalist & Silicon 60 researcher Peter Clarke hosts a conversation on startups in the electronics industry. Panelists Dan Armbrust (investment firm Silicon Catalyst), Andrew Kau (venture capital firm Walden International), and Stan Boland (successful serial entrepreneur, former CEO of Neul, Icera) join in the live debate.