SurplusGLOBAL Marks a New Era with Topping-Out Ceremony for Yongin Cluster Building B
On November 25, 2025, SurplusGLOBAL, led by CEO Bruce Kim, celebrated a pivotal moment in the construction of the SemiMarket Parts Mall with a topping-out ceremony for Building B of the Yongin Namsa Cluster. This event symbolizes the establishment of a groundbreaking facility dedicated to legacy semiconductor equipment and parts, positioning itself to be the largest offline mall and storage unit in the world for such components.
The topping-out ceremony harkens back to an age-old Korean tradition of raising the main beam, a symbolic act that signifies the firm establishment of a new building. SurplusGLOBAL has reimagined this cultural custom, tying it into the broader narrative of creating a new technological foundation for the global legacy semiconductor ecosystem. With this facility, they are not only demarking a physical structure but also laying the groundwork for a sustainable future in the semiconductor industry.
Overview of the SemiMarket Parts Mall
Building B will encompass approximately 41,000 square meters and is projected to be completed by July 2026. It aims to act as a centralized hub where legacy semiconductor equipment and parts can be exhibited, inspected, stored, and transacted—all in one integrated location. The design of the facility emphasizes modern ecosystems, seamlessly integrating with SurplusGLOBAL's existing online marketplace,
www.SemiMarket.com, allowing real-time synchronization between countless online listings and their physical counterparts.
In essence, this facility is envisioned as a groundbreaking hybrid system that merges the online and offline realms, revolutionizing the way the legacy semiconductor supply chain operates.
A Long-Term Vision for the Semiconductor Industry
SurplusGLOBAL envisions this new Parts Mall not as just a warehouse but as a pivotal part of its long-term strategy aimed at fostering an AI-powered and sustainable semiconductor ecosystem. Within the confines of the Yongin Cluster, they intend to launch their Harvest Project, which emphasizes a multi-faceted approach towards asset recovery and recycling, including precision repairs, refurbishing services, and comprehensive quality control programs.
Moreover, the introduction of AI-driven technologies such as Bill of Materials (BoM) matching and parts recommendation systems will further augment the facility's capabilities, addressing existing inefficiencies in the fragmented legacy semiconductor parts market, where crucial components are often dispersed among countless small sellers globally.
The Topping-Out Ceremony: A Celebration of Innovation
The ceremony was well-attended by key figures, including SurplusGLOBAL's executives and representatives from the Yongin City Semiconductor Policy Office, alongside Dong Kyu Lim from CJ Logistics Construction Division, charged with the building's development. This gathering was crowned by a collective celebration of a new structural pillar that symbolizes the connection of data, technology, and human resources in the global supply chain.
Bruce Kim remarked, “This topping-out ceremony is not just about finalizing a building. It represents a renewed commitment to transforming the legacy semiconductor sector into a sustainable, circular industry. Our vision is to create a global center where legacy equipment and parts can flow seamlessly back into productive use.”
The Emergence of a Global Hub
SurplusGLOBAL Cluster, which is rapidly developing into one of the foremost dedicated legacy semiconductor facilities, comprises two essential buildings: A and B. Building A is targeted toward refurbishing equipment and repairing parts. Meanwhile, Building B, which has just reached this structural accomplishment, will serve as the vital hub for warehousing and managing parts data.
Now that Building B's structure is complete, SurplusGLOBAL is accelerating the development of internal systems and preparing infrastructure ahead of the SemiMarket Offline Parts Mall's opening in July 2026. This endeavor aims to establish a core node within the global ecosystem of supplying both legacy semiconductor equipment and parts, marking a significant leap forward in addressing the ongoing challenges within this industry.