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1610217032 IDC predicts global used smartphone market to reach 65 1610217032 IDC predicts global used smartphone market to reach 65

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IDC predicts global used smartphone market to reach $ 65 billion by 2024

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Analysts at IDC estimate that in 2020, global sales of used smartphones – both officially refurbished and sold by their previous owners from their hands – reached 225.4 million units. This is 9.2% more than in 2019, when 206.5 million devices were sold in the secondary market. According to IDC forecasts, sales of used smartphones in 2024 will reach 351.6 million units. This value corresponds to an average annual growth of 11.2% between 2019 and 2024.

Moreover, North America, which accounts for a quarter of used smartphone sales, is projected to grow by 14.9% per year. Analysts attribute the growth in developed markets to the prevalence of pay-to-play exchange programs, pushing consumers to continually purchase new devices. Analysts point out that 2020 saw a rapid increase in such programs and average selling prices. First of all, sales of flagship models depend on exchange programs, which, due to them, become more accessible to consumers. Manufacturers such as Apple, Samsung, and Huawei have launched their own programs with more attractive terms than those found in other sales channels. For their part, telecom operators use the exchange in conjunction with binding to tariff packages, also encouraging consumers to constantly renew.

It is noteworthy that sales of new smartphones last year decreased by 4%.

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Bitcoin soared to the equivalent of $38,000 in Nigeria

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Bitcoin soared to the equivalent of 38000 in Nigeria

The price of one bitcoin (BTC) in Nigeria soared to the equivalent of $38,000 in the local currency, naira. This is significantly higher than the price of bitcoin on the world market, which is about $23,000.

At the time of writing, on the Nigerian crypto exchange NairaEX for 1 bitcoin they give 17.4 million naira, which corresponds to 37.8 thousand dollars. The peak value was 38.8 thousand dollars.

This is due to the fact that the Central Bank of Nigeria continues to impose restrictions on cash withdrawals from ATMs in order to reduce the share of cash in money circulation.

Bitcoin soared to the equivalent of $38,000 in Nigeria

In January, new rules were introduced that allowed Nigerians to withdraw no more than 20,000 naira (about $43.50) from ATMs per day, with a weekly limit of 100,000 naira (about $217).

The move was also taken just days before the new naira notes entered circulation in an effort to curb inflation and money laundering. The central bank has set a January 24 deadline for Nigerians to exchange their old higher denomination banknotes for the new currency.

However, long queues and complaints forced the Central Bank to extend Nigeria’s deadline until Feb. 10.

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Free and open source graphics editor: the mythical GIMP 3.0 will be released before the end of 2023, officially

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Free and open source graphics editor the mythical GIMP 30

The free GIMP (GNU Image Manipulation Program) raster graphics editor is about to receive a major update. This was reported by the GNU development team in their recent annual report.

Free and open source graphics editor: the mythical GIMP 3.0 will be released before the end of 2023, officially

In November 2022, GIMP celebrated its 27th birthday. Thus, users have been waiting for the third version for a really long time. The possible release of GIMP 3.0 has been talked about for a decade. GIMP 3.0 will have a redesigned user interface, a migration from GTK2 to GTK, and many other changes.

Until the end of 2023, the release of stable versions, or at least the first release candidates, is expected. True, in the report, the developer Jean Pages also left himself room for maneuver:

Here. I said it. If it doesn’t, remember that it wasn’t a promise.

He also explained:

There’s still a lot to be done, so I hope I’m not making a fool of myself. But at some point, the impossibility of the release is simply disappointing. Of course, we’re still within acceptable development time limits (GIMP 2.8-2.10 took 6 years, we’re still in our fifth year after 2.10), but I really want to get it over with.

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This is the OnePlus Pad. OnePlus has announced its first tablet

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This is the OnePlus Pad OnePlus has announced its first

OnePlus has officially confirmed that it will launch its first tablet on February 7, called the OnePlus Pad.

In a post on the official blog, OnePlus has shared the first details about the upcoming device. OnePlus Pad will receive an aluminum alloy and a camera located in the central upper part on the back of the device.

This is the OnePlus Pad.  OnePlus has announced its first tablet

OnePlus also said that the OnePlus Pad will feature a curved body that is rounded on the sides, allowing users to “comfortably hold the tablet for extended periods of time without fatigue.”

OnePlus hasn’t shared any further details on the tablet’s specs, but it is rumored to have an 11.6-inch display.

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