Published By : 28 Apr 2016 | Published By : QYRESEARCH
Rapid advancements in technology have led to the reduction of the life cycle of IT equipment. With handheld mobile devices such as smartphones, tablets, and laptops being constantly upgraded with new features, the older versions of these devices are discarded by consumers. The generation of a large amount of discarded IT assets need safe disposal to have minimum impact on environment as dumping these discarded IT assets in landfills would have hazardous effects on land and water.
Vendors Partnering with IT Assets Manufacturers Adhere to Strict Protocols while Recycling
Mobile devices, computers/laptops, storages, peripherals, and servers are the key types of assets in the global IT disposition market. Computers and laptops form the major chunk of IT equipment that are recycled and refurbished. The global manufacturers of IT assets such as Apple Inc., Huawei, Microsoft, HP, and Amazon have detailed protocols for recycling their products. Among the IT assets manufacturers, Apple Inc. has stringent and most rigid protocols regarding recycling and disassembly of its iPhones, iPads, and iMacs. These Apple products are meticulously and carefully destroyed by various ITAD vendors who abide by Apple’s rules regarding security, insurance, and auditing. Foxconn Technology Group, Brightstar Corp., Li Tong, and TES-AMM are part of Apple’s network of recyclers.
Lately, the merger and acquisition activities in the global ITAD market have slowed down sharply due to the weakness in commodity market. The dip in prices of recovered metals has made electronic recycling process unprofitable for many facilities across the globe. However, the future of the ITAD market appears bright with a number of financial firms showing interest to invest in companies offering ITAD services.