@EU_Commission a colleague recently gave me his old phones that he was about to throw away. They still work fine for my purposes.
Recycling material alone is not enough. We need more efforts to promote and allow reusing old devices as-is. Easy replaceable batteries and hardware specifications to write replacement software are aspects that are lacking.
The device in your photo is quite advanced and could run up to date software and still be useful if the right documentation would be available.