Many test equipment vendors over the past 12-18 months have increased publicity for their trade-in/trade-up programs and refurbished equipment sales, even though some of these programs have been in place for years. While the used test equipment market has always existed in one shape or another, the bursting of the telecom bubble has led to a glut of used equipment on the market. And for the first time, a significant portion of that equipment features latest-generation technology, which has created both a challenge and an opportunity for today's test vendors.
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