India Rejects Apple's iPhone Retread Plan

India’s telecommunications ministry has rejected Apple’s proposal to sell refurbished iPhones in the country. Officials apparently based their rejection of the proposal on rules that prohibit importing used electronics. The country’s environmental ministry nixed a similar request last year. With smartphone sales starting to stall, India could become an important market for Apple, although it now has only a 2 percent market share there. “India is slated to experience strong smartphone growth in the coming years,” said analyst Ross Rubin.

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