When was the last time you actually read the warranty terms and conditions before making a purchase? A 2023 Global Consumer Rights Report reveals that 78% of electronics buyers can't correctly identify their warranty's expiration triggers. This knowledge gap costs consumers $47 billion annually in avoidable repair costs worldwide.
Have you ever wondered why 42% of consumers report dissatisfaction with battery warranty claims despite premium pricing? As global demand for lithium-ion batteries surges – projected to reach $135 billion by 2030 – the disconnect between warranty promises and real-world performance has become a critical industry pain point.
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