Refurbished devices are sold in the USA labeled as refurbished or preowned device by places like Amazon, eBay, BestBuy, carrier online stores, etc. The difference between the two is that usually preowned is tied to a carrier but refurbished is an unlocked device. In other regions like Western Europe where it clearly marked used devices as refurbished. In the US, UK and Western Europe refurbish devices are always labeled as so, especially if it is sold through major retailer. However, outside these markets, it might be a different. We discuss different aspects of the refurbished phone market in this overview report.