Nocera, Inc. (NASDAQ: NCRA) has entered into a Strategic Partnership and Joint Distribution Agreement with Taiwan-based E-PRO DISPLAY CO., LTD., under which Nocera will serve as a non-exclusive joint distributor worldwide for sales, customer development, and channel building. The agreement centers on a buy-back and trade-in program involving pre-owned iPhone 17 Pro and iPhone 17 Pro Max handsets, with shipments expected in tranches from late September through the end of November 2026. According to written confirmation from iFP Green Technology Limited, approximately 600,000 handsets with an aggregate awarded value of about $520.5 million have been allocated to E-PRO.
Nocera emphasized that the allocation does not represent its revenue, orders, backlog, or a commitment. The agreement carries no minimum quantity, amount, or term commitment beyond its initial 12-month term. This distinction is critical for investors and industry observers, as it means the deal does not guarantee financial performance for Nocera. Instead, it positions the company as a participant in a potentially large-scale distribution network for pre-owned devices, a market that has grown as consumers seek cost-effective alternatives to new flagship phones.
The significance of this announcement lies in its potential to expand Nocera’s device and channel operations, which is one of its core business areas. Nocera, Inc. (NASDAQ: NCRA) is building a portfolio of AI and energy infrastructure businesses across Asia, Europe, and the United States, spanning AI model aggregation and distribution, device and channel operations, and renewable energy and storage assets. For more information, visit www.Nocera.company. The partnership with E-PRO, a Taiwanese display company, could open doors to Asian markets and strengthen Nocera’s position in the circular economy for electronics.
From an industry perspective, the trade-in program highlights the growing importance of secondary markets for high-end smartphones. With approximately 600,000 handsets valued at over half a billion dollars allocated to E-PRO, the program could influence pricing and availability of pre-owned iPhone 17 Pro models globally. However, without minimum commitments, the actual volume and financial impact remain uncertain. Investors should monitor shipment progress and any updates on the program’s execution.
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