SEOUL, South Korea, Feb 13, 2025 – For the last 25 years, SurplusGLOBAL has supplied various legacy semiconductor equipment and parts solutions to fabs worldwide. The company sources obsolete parts and develops alternatives. They also recycle components by dismantling used equipment and provide RF and PCB repair through their subsidiary, EQ GLOBAL. Despite these efforts, meeting the varying needs of customers continues to be a challenge.
Recognizing the need for a unified platform to collaborate with legacy semiconductor equipment and parts companies and address supply chain issues, SurplusGLOBAL has been developing ‘SemiMarket,’ an AI-powered global marketplace, investing tens of billions of won (approximately USD 20–50 million) over the past five years through partnerships with companies worldwide.
Optimized Trading Environment with Global Network and AI Recommendation System
Leveraging its extensive global network and customer solution capabilities built from supplying over 60,000 used equipment units to more than 6,000 companies worldwide, SurplusGLOBAL is establishing SemiMarket as a hybrid online-offline platform.
SemiMarket efficiently connects buyers and sellers through its AI-driven recommendation system, supported by global networking and fulfillment services. This collaborative ecosystem of thousands of companies aims to resolve supply chain crises within the legacy semiconductor industry. Scheduled to launch in December 2025, SemiMarket.com is recruiting over 500 seller partners and has already attracted interest from semiconductor fabs and parts dealers.
Construction of the World’s Largest Semiconductor Equipment Parts Mall
Recognizing the limitations of an online marketplace alone, SurplusGLOBAL is also constructing the ‘SemiMarket Parts Mall,’ a 39,670 square meter facility near its existing 69,422 square meter semiconductor equipment cluster. Slated for completion in May 2026, the facility will offer parts storage and display, parts recycling through equipment dismantling, and refurbishment services.
SurplusGLOBAL is responding to requests from parts manufacturers and distributors by broadening its product range to include new parts and consumables. Discussions are underway with semiconductor equipment makers and parts suppliers about opening stores in the mall. Companies involved will enjoy comprehensive services, including sales, storage, repair, packaging, and logistics.
Strengthening Global Repair Services with EQ GLOBAL’s Active Participation
One of SemiMarket’s core services is the enhancement of repair solutions. EQ GLOBAL, a subsidiary of SurplusGLOBAL, is the world’s most significant semiconductor parts RF and PCB repair company, with over 100 experts providing repair services in South Korea, Singapore, and China. Building on 24 years of accumulated expertise, EQ GLOBAL aims to deliver a broader range of repair services to SemiMarket customers.
Aiming to Become the World’s Largest Legacy Semiconductor Platform
Through SemiMarket, SurplusGLOBAL plans to attract thousands of domestic and international buyers annually, creating synergies with global buyers visiting the SurplusGLOBAL Semiconductor Equipment Cluster for used equipment purchases. The company aims to transform its current website, SurplusGLOBAL.com, that attracts 3,000 daily visitors, into SemiMarket, to reach 50,000 daily visitors by the end of 2026, establishing itself as the world’s largest platform for legacy semiconductor equipment and parts.
Bruce Kim, CEO of SurplusGLOBAL, stated, “SemiMarket is a platform business I’ve dreamed of for 25 years. Since our founding in 2000, we’ve aimed to establish a B2B e-commerce platform for global inventory and idle assets, but technical limitations led to early setbacks. However, over the past 25 years, we’ve built the necessary networks, databases, and market experience, and with recent advances in AI technology, the SemiMarket project has finally become a reality.”He added, “SemiMarket will revolutionize the highly inefficient legacy semiconductor parts market through an AI-powered platform. With strong partnerships and collaboration systems with numerous customers, I am confident this business will be a resounding success.”
SurplusGLOBAL to Showcase SemiMarket at SEMICON KOREA 2025
Meanwhile, SurplusGLOBAL will participate in ‘SEMICON KOREA 2025‘ at COEX in Seoul from Feb 19 to 21, where it will display its AI-powered global platform, SemiMarket, along with innovative solutions for transforming the legacy semiconductor ecosystem.
Source: SurplusGLOBAL, Inc.
About SurplusGLOBAL
SurplusGLOBAL, Inc., established in 2000, is a South Korea-based company specializing in purchasing, selling, refurbishing, and renting used semiconductor equipment. Headquartered in Yongin-si, South Korea, the company serves various industries, including semiconductor front-end and back-end processes, display, LED, solar, and PCB assembly. Over the years, SurplusGLOBAL has supplied over 50,000 used semiconductor equipment units globally, providing integrated customer solutions such as sales, remarketing, sourcing, and consulting services. As of 2024, the company employs approximately 78 individuals. In the fiscal year 2023, SurplusGLOBAL reported approximately $127 million in revenues.
