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The Last Mobile Phone Sold

 

SAN FRANCISCO, California - June 28, 2017 (Investorideas.com Newswire) The average lifecycle of a mobile phone is 18 months before it is replaced by a better device with better capabilities. Even though these devices are still functional for much longer, the tech industry is constantly evolving, causing these devices to become outdated at a faster rate and eventually become obsolete.

As mobile phones continue to be the on-ramp for consumer and commercial services, the idea of owning a simple mobile phone is becoming as extinct as the rotary dial. The business model of coupling the device, the plan, the content programming and services is leading to a radical re-think of how mobile devices are designed, manufactured, sold and re-used.

This re-think is occurring in the context of the circular economy. New IoT, AI, Machine Learning, AR and VR technologies connect devices, buildings, vehicles, data and populations and present massive opportunities for new transformative services and economies. At the same time, the world has come to the realization that resources are limited and expensive and that technologies can be responsibly and profitably manufactured on a local basis.

Re-Teck provides the Reverse Supply Chain Management (RCSM) technology leadership and engineering expertise that enables the technology community to capitalize on these movements, facilitate new service businesses and support agile entrepreneurship, economic development and environmental health. Re-Teck's engineering teams consider the aftermarket value for devices, the primary market value for component parts - screens, switches, and chips as well as the recycling value of metals - and extract the usable elements for re-sale to Re-Teck's global partner exchange.

"The mobile world order is facing some of the biggest changes and greatest opportunities in its existence," noted Linda Li, Chief Strategy Officer, Re-Teck. "Movements such as IoT, Machine Learning, AR and VR are heavily dependent on an installed base of high-performing, highly-connected systems that connect populations, inform decisions and facilitate new businesses from the likes of Snap, Uber, Lyft, Google, Amazon, Facebook and thousands of start-ups around the globe."

"Mobile devices play a central role in making these connections and facilitating change but the technology, how it's manufactured, bought, sold and supported is also facing significant disruption," Li continued. Re-Teck's end-to-end RSCM platform, currently deployed by Global 500 brands such as Microsoft, NEC, Amazon and Motorola, eliminates the logistical, compliance, and technological issues of technology take-back initiatives, providing clients with a simple solution to a complex issue.

For more information on Re-Teck reverse supply chain management services, please visit: www.re-teck.com

About Re-Teck

Re-Teck is the North American subsidiary of Li Tong Group (LTG). LTG is the global market leader in Reverse Supply Chain Management (RSCM) solutions for OEMs, enterprises, government, and consumers for the reuse, remanufacture and recovery (3R) of both Post-Industrial Recovery (PIR) and Post-Consumer Recycling (PCR) and hi-tech products and components including mobile devices, smart devices, big-data network and telecom equipment. In the past 15 years, LTG has developed a global network of 21 wholly owned facilities across North America, APAC, EU and MEA, which currently serves more than 100 customers and employs more than 1,200 people worldwide. It has an extensive patent portfolio for innovative methods and automated systems of digital processing and reclamation technologies. For more information, visit: http://www.litong.com/


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