With new brands of mobile phones being introduced into the market every other day, it is obvious that there is a huge market for new mobile phones as well as for old ones.
Over the last few years, Mobile recycling businesses have also become very popular and the demand for old/used mobile phones continue to rise with the introduction of new ones.
Recycling mobile companies usually buy used mobile phones to refurbish and then sell them later to other countries. Other recycling companies do the work of breaking them into small components and selling them as scraps.