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SEOUL, South Korea, Nov. 25, 2025 /PRNewswire/ -- SurplusGLOBAL (CEO: Bruce Kim) announced that it has successfully held a topping-out ceremony for Building B of its Yongin Namsa Cluster, marking a symbolic milestone in the construction of what will become the world's largest offline mall and storage facility dedicated to legacy semiconductor equipment and parts, the SemiMarket Parts Mall. Rooted in a traditional Korean practice of raising the main beam to symbolize the "spirit" of a new structure, the ceremony was reinterpreted by SurplusGLOBAL as the establishment of a new technological backbone for the global legacy semiconductor ecosystem.
The SemiMarket Parts Mall (building B), currently under development, spans approximately 41,000 square meters of gross floor area and is scheduled for completion in July 2026. Once operational, it will serve as a global hub where legacy semiconductor equipment and parts from around the world are exhibited, inspected, stored, and transacted in a single integrated location.
The facility will be fully synchronized with the company's global online marketplace, www.SemiMarket.com, enabling real-time integration between hundreds of thousands of online listings and their physical counterparts, and establishing a truly hybrid online–offline ecosystem for the legacy semiconductor supply chain.
SurplusGLOBAL emphasized that the new Parts Mall is not simply a physical warehouse, but a core pillar of its long-term strategy to build an AI-powered, sustainable semiconductor ecosystem. Within the Yongin Cluster, the company will roll out its Harvest Project for asset recovery and recycling, precision repair and refurbish services, component-level restoration and quality programs, and AI-based Bill of Materials (BoM) matching and parts recommendation technologies.
By combining robust offline infrastructure with advanced online intelligence, SurplusGLOBAL aims to address long-standing inefficiencies in the legacy semiconductor parts market, where critical parts remain fragmented across thousands of small sellers worldwide.
The topping-out ceremony was attended by SurplusGLOBAL CEO Bruce Kim, Vice President James Park, company executives, representatives from the Yongin City Semiconductor Policy Office, and Dong Kyu Lim, Head of Construction at CJ Logistics Construction Division, which is responsible for Building B. Participants celebrated the event as the rise of a new structural pillar for a global supply chain that connects data, technology, and people. "This topping-out ceremony is not just about completing a building," said Bruce Kim, CEO of SurplusGLOBAL. "It marks a new starting point in transforming the legacy semiconductor sector into a sustainable, circular industry. We are building a global hub where legacy equipment and parts can flow, be connected, and return to productive life."
SurplusGLOBAL Cluster, now emerging as one of the world's largest dedicated legacy semiconductor facilities, consists of two main buildings, A and B. Building A is focused on equipment refurbishment and parts repair, while Building B, which has just reached its structural milestone, is being developed as the core hub for warehousing, inspecting, and data-driven parts management. With Building B now topped out, SurplusGLOBAL is accelerating internal system development and infrastructure preparation toward the grand opening of the SemiMarket Offline Parts Mall in July 2026, with the goal of establishing a central node in the global legacy semiconductor equipment and parts supply chain.
SEOUL, South Korea, Nov. 25, 2025 /PRNewswire/ -- SurplusGLOBAL (CEO: Bruce Kim) announced that it has successfully held a topping-out ceremony for Building B of its Yongin Namsa Cluster, marking a symbolic milestone in the construction of what will become the world's largest offline mall and storage facility dedicated to legacy semiconductor equipment and parts, the SemiMarket Parts Mall. Rooted in a traditional Korean practice of raising the main beam to symbolize the "spirit" of a new structure, the ceremony was reinterpreted by SurplusGLOBAL as the establishment of a new technological backbone for the global legacy semiconductor ecosystem.
The SemiMarket Parts Mall (building B), currently under development, spans approximately 41,000 square meters of gross floor area and is scheduled for completion in July 2026. Once operational, it will serve as a global hub where legacy semiconductor equipment and parts from around the world are exhibited, inspected, stored, and transacted in a single integrated location.
The facility will be fully synchronized with the company's global online marketplace, www.SemiMarket.com, enabling real-time integration between hundreds of thousands of online listings and their physical counterparts, and establishing a truly hybrid online–offline ecosystem for the legacy semiconductor supply chain.
SurplusGLOBAL emphasized that the new Parts Mall is not simply a physical warehouse, but a core pillar of its long-term strategy to build an AI-powered, sustainable semiconductor ecosystem. Within the Yongin Cluster, the company will roll out its Harvest Project for asset recovery and recycling, precision repair and refurbish services, component-level restoration and quality programs, and AI-based Bill of Materials (BoM) matching and parts recommendation technologies.
By combining robust offline infrastructure with advanced online intelligence, SurplusGLOBAL aims to address long-standing inefficiencies in the legacy semiconductor parts market, where critical parts remain fragmented across thousands of small sellers worldwide.
The topping-out ceremony was attended by SurplusGLOBAL CEO Bruce Kim, Vice President James Park, company executives, representatives from the Yongin City Semiconductor Policy Office, and Dong Kyu Lim, Head of Construction at CJ Logistics Construction Division, which is responsible for Building B. Participants celebrated the event as the rise of a new structural pillar for a global supply chain that connects data, technology, and people. "This topping-out ceremony is not just about completing a building," said Bruce Kim, CEO of SurplusGLOBAL. "It marks a new starting point in transforming the legacy semiconductor sector into a sustainable, circular industry. We are building a global hub where legacy equipment and parts can flow, be connected, and return to productive life."
SurplusGLOBAL Cluster, now emerging as one of the world's largest dedicated legacy semiconductor facilities, consists of two main buildings, A and B. Building A is focused on equipment refurbishment and parts repair, while Building B, which has just reached its structural milestone, is being developed as the core hub for warehousing, inspecting, and data-driven parts management. With Building B now topped out, SurplusGLOBAL is accelerating internal system development and infrastructure preparation toward the grand opening of the SemiMarket Offline Parts Mall in July 2026, with the goal of establishing a central node in the global legacy semiconductor equipment and parts supply chain.
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SurplusGLOBAL Holds Topping-Out Ceremony for Yongin Cluster Building B, Laying Groundwork for the SemiMarket Parts Mall
PUNE, India, April 2, 2026 /PRNewswire/ -- EKA Mobility, a leading electric vehicles and technology company, today announced a strong 5X year-on-year volume growth in FY 2025–26, with 1,143 units sold and 1,344 electric commercial vehicles produced. This milestone comes on the back of the company's comprehensive electric vehicle portfolio across segments. During the year, EKA entered the M&HCV truck segment, in addition to its existing bus and SCV portfolio. The company is a Champion OEM under the Auto PLI Scheme and has achieved certification across multiple platforms.
"FY 2025–26 is a defining year for EKA Mobility. We are not only scaling volumes but also expanding our manufacturing footprint by adding a new plant recently and increasing our planned annual capacity to 10,000 buses, 6,000 trucks and 24,000 SCVs. With the widest range of fully homologated, born-electric platforms from last-mile to long-haul, we are uniquely positioned as a full-stack EV company. Our growth across electric buses, small commercial vehicles, and now trucks validates both market demand and our execution capability.
India's transition to clean commercial mobility is accelerating, and EKA is at the forefront driving this shift at scale, with technology, innovation, and global ambition."
— Dr. Sudhir Mehta, Founder & Chairman, EKA Mobility
Strong Business Momentum Across Segments
- Electric Bus Leadership:
Secured wins under PM e-Bus Sewa and PM E-DRIVE; deployed vehicles across 15+ states including Maharashtra, Gujarat, Uttar Pradesh, Karnataka, and Delhi - SCV Breakout Year:
Strong uptake of 3S & 6S passenger vehicles and 3W cargo platforms, accelerating last-mile mobility adoption - Electric Trucks:
New Growth Engine: Entry into heavy-duty trucks contributing to growth and expanding presence in logistics electrification - Hydrogen Fuel Cell:
Deployed a 9-metre hydrogen fuel cell bus at Cochin International Airport with KPIT Technologies and BPCL; plans to deploy 15 more buses
Key Highlights:
Global Expansion:
- Commenced electric bus deployments in Africa
- Partnership with Kerchanshe Group for CKD assembly and distribution
- Agreement with NBFI Capital for manufacturing in Australia
Manufacturing Scale-Up:
- Two Pune facilities operational; Pithampur plant to be operational shortly
- Planned annual capacity: 10,000 buses, 6,000 trucks and 24,000 SCVs
Retail Network:
- Expanded dealership network; plans to add 120 dealerships in FY27
Order Book Visibility:
- 6,000+ confirmed e-buses to be delivered over the next two years
About EKA Mobility
EKA Mobility is a Pune-based electric vehicle and technology company focused on transforming India's commercial mobility landscape. With a portfolio spanning electric buses, electric trucks, and small commercial vehicles, EKA combines electric vehicle manufacturing with proprietary AI-powered fleet technology to deliver end-to-end mobility solutions.
EKA Mobility is backed by Mitsui & Co., Ltd. (Japan), VDL Groep (Netherlands), Pinnacle Industries Limited, Enam Holdings and the NIIF India-Japan Fund as equity and strategic partners and has expanded its footprint to markets in East Africa, South Africa, and Australia.
To know more about the company, kindly visit: https://ekamobility.com
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EKA Mobility Achieves 5x Volume Growth
