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What is the difference between buying second-hand, recycling, and refurbishment ?

A second-hand smartphone may be a product that has just been unwrapped or a badly-damaged product. Some people sell their devices “as seen”, and the buyer is then responsible for repairing it, when necessary.
A refurbished smartphone, however, is a device that has undergone various tests and that has been restored functionally. Any faulty parts are thus replaced to provide a fully operational phone. The purchase price is then much lower than for a new smartphone but with the same functionalities.

Recycling a smartphone, or one of its parts, entails destroying it to recover the various materials contained inside.