Weak yen and industry shifts drive greater demand for used smartphone handsets

Who claims what

• —Japan's secondhand smartphone market has expanded for seven consecutive years — not independently verified.
• —Japan's secondhand smartphone market reached record highs of 3.6 million units — not independently verified.
• —The market share for used handsets in Japan is projected to grow to 10% in fiscal 2025 — not independently verified.

Our assessment

If these reports prove accurate, continued expansion of the secondhand smartphone market in Japan could reshape demand patterns across the semiconductor and electronics supply chain, potentially reducing demand for new component shipments while supporting a growing refurbishment and reuse segment. Exporters, logistics…