Industry
SurplusGLOBAL unveils first results from online auction of used semiconductor equipment
SurplusGLOBAL said the sale price in its first online auction for used semiconductor equipment rose 70 percent from previous levels. The auction was conducted through its equipment and parts trading platform SemiMarket and targeted used back-end process equipment held by a global OSAT company. About 40 buyers from major semiconductor markets joined. SurplusGLOBAL said it aims for $20 million in online auction transactions this year and plans to expand to $50 million next year.