By Lisa Johnston
New products on display at the American International Toy Fair, held in N
Of U.S. consumers who bought new cellular handsets in the fourth quarter of 2007, only 9.4 percent recycled their old phones. But, according to a new survey from iSuppli's ConsumerTrak service, that is double the rate that they recycled in the third quarter.
"iSuppli's fourth-quarter survey indicated that while U.S. consumers increasingly are recycling their old handsets, there's still plenty of room for improvement," said Greg Sheppard, chief development officer for iSuppli.
"More than one-third of all old handsets, 36.8 percent to be precise, were stored away in the fourth quarter of 2007, and now are collecting dust in closets throughout America," Sheppard noted.
The survey indicated that 15.5 percent of U.S. consumers gave away their old mobile handsets. Another 8.5 percent donated their handsets to charities.
For information on iSuppli's ConsumerTrak service, see www.isuppli.com.
This TWICE webinar, hosted by senior editor Alan Wolf, will take a look at what may be the hottest CE products at retail that will be sold during the all-important fourth quarter. Top technologies, market strategies and industry trends will be discussed with industry analysts and executives.