This year’s companies were mainly selected from business groups closely related to daily consumer life, such as apparel makers, mall operators, restaurants and entertainment companies, as the Covid-19 restrictions eased and the economy that had contracted was revitalized.

SurplusGLOBAL recorded the highest sales last year, with ₩206 billion, and a net income of ₩27.8 billion served as the impetus for that selection as one of Forbes Asia’s top 200 companies with less than $1 billion in sales. It reflected the impact of increased demand for used semiconductors equipment since artificial intelligence (AI), the Internet of Things (IoT), and the autonomous driving markets have been boosted.

“I am especially pleased to be re-selected for the first time in four years since being selected as one of the Forbes Asia’s 200 Best Under A Billion 2018,” said Bruce Kim, CEO of SurplusGLOBAL. “We will do our best to achieve business diversification and additional sales growth through new businesses such as Global Parts Platform and R&D Foundry, which are currently in progress, so we aim to be selected again next year,” he added.

Meanwhile, SurplusGLOBAL established a Semiconductor Equipment Cluster in July 2021 to share a semiconductor-related workforce, equipment, and facilities. SurplusGLOBAL besides installed a clean room of 634㎡ to provide the R&D Foundry service within the cluster, and it started operation in July 2022.

SurplusGLOBAL is one of the world’s largest one-stop platforms for pre-owned semiconductor equipment. SurplusGLOBAL believes that to preserve the environment, society needs to make better use of used equipment through refurbishment and recycling. The company is committed to providing eco-friendly equipment systems to customers around the world.

To learn more about how you can contribute to a greener semiconductor ecosystem by using secondary equipment, visit Website.