Mobile phone recycling has become increasingly mainstream, with many millions of people in the UK handing in their old mobile phones and electrical gadgets for cash. It's a growth industry that's seen more and more companies and websites offering cash bonuses to customers selling mobile phones.
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Andrew Harrison has been promoted to CEO of Best Buy Europe.
He was previously CEO of The Carphone Warehouse before becoming Chief Operating Officer of Best Buy Europe last year.
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Adam Taylor writes:
The mobile phone industry is an attractive proposition. Over 90% of the UK population has a mobile, and the seemingly non-stop developments in mobile technology are doing a great job in satisfying the UK’s thirst for anything that provides a quicker, more efficient (or in some cases, more fun) way of doing things. With such a demand, naturally supply tends to follow.
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Research from GfK Retail and Technology shows that more than 7% of all mobile phones bought in Europe last year were purchased online.
Smartphone sales are a particularly popular choice for online shoppers, with approaching one in five sold via the web.
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Mark Bridge writes:
This week’s big news isn’t entirely mobile-related – but it is entirely worth mentioning. First we had Amazon snapping up the part of LOVEFiLM they didn’t already own. (Allow me to start the speculation about a video-streaming Kindle). And then Google CEO Eric Schmidt said he was leaving.
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