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65 billion euros in e-waste
The study highlights that the European Union faces untapped raw material resources worth over 65 billion euros in waste from old household electronic devices, with around 700 million unused smartphones containing approximately 50,000 tons of strategic materials. Europe's dependence on foreign countries, particularly China, along with rising raw material costs due to export crises and semiconductor shortages, presents significant challenges for the electronics industry. The study suggests adopting a "design from cradle to cradle" approach, aiming to turn devices into recyclable material banks. This strategy could reduce reliance on external resources and save up to 50% of the raw material needs for new devices.
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