YOUR OLD NOKIA PHONE for a nearly hundred dollars

8:18 AM News 1 comment

Nokia cellular phones, acknowledge as the most durable mobile phones with its amazing built in. The Company leads the mobile market almost 20 years ago, but now, they would like to buy your Nokia Phone because of the fact that they had discovered.

16 years ago, July 1998 to March 1999, Nokia phone models 3210 and 5110 is suspected to have 8.57 grams of palladium in its PCB as what the expert said, and today, the company wants to buy your phone, working or not working (as long as the PCB is not yet broken) in the range of $30 up to $80 each unit. Nokia didn’t tell the reason of buying the plan but as the experts revealed it, it came across the different countries and now they’re looking for their old, vintage phone.

The discovery was exposed by the company’s former supplier’s report filed two years ago when Nokia replaced its PCB supplier. Nokia asked the former supplier to give the complete lists of PCB component, and there they were shocked by the details.

Only the 1998 and 1999 models of Nokia 5110 and Nokia 3210 were affected. Based on the company’s record, there were 127.8 million units of N5110 and 275.9 million units of N3210 manufactured during that time.

Approximately $600 million of the company’s money will be used to buy the said models, excluding the shipment fees. In return, they may have a net profit of more than $80 billion based on today’s cost of Palladium.

“Palladium is a rare earth mineral and is very expensive. The former Russian supplier is believed to use the more durable palladium instead of nickel in order to win the Nokia contract. The unnamed supplier was also an affiliate of biggest palladium mining company in Russia.” (Source: Philippine Pride)