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SEOUL, South Korea, May 19, 2026 /PRNewswire/ -- SemiMarket, the semiconductor equipment and parts marketplace operated by SurplusGLOBAL, announced the results of its first Online Bidding event, highlighting growing global demand for transparent and digitally driven semiconductor equipment transactions.
The online auction featured used back-end semiconductor equipment from a global OSAT company and attracted participation from more than 40 buyers across major semiconductor markets, including South Korea, China, Singapore, Malaysia, the United States, and Europe.
According to SurplusGLOBAL, the auction achieved approximately 70% higher selling prices compared to traditional offline or limited-network sales approaches, demonstrating how competitive online bidding can improve transaction outcomes in the legacy semiconductor equipment market.
The company attributed the results to broader global buyer participation, enhanced pre-sale equipment visibility, and a transparent bidding structure supported by SemiMarket's digital platform.
Through SemiMarket, buyers were provided with standardized equipment information prior to bidding, including images, manufacturer details, model specifications, and transaction terms. On-site inspection support was also offered, allowing buyers to evaluate equipment with greater confidence and reduce purchasing risk.
SurplusGLOBAL explained that the success of the first Online Bidding event was supported by its 26 years of accumulated global customer network and an AI-powered recommendation engine, which helped identify and connect high-intent buyers worldwide. By delivering structured and detailed equipment information online, the company improved transaction transparency while encouraging competitive global participation.
In addition, SemiMarket standardizes key equipment data—including manufacturer, model, specifications, images, and commercial conditions—while continuously collecting engagement data such as views, watch activity, and bidding participation throughout the auction process. The company noted that these data signals can be leveraged after each auction for follow-on sales opportunities, inventory clearance campaigns, and matching buyers with similar equipment.
Building on this initial success, SurplusGLOBAL said it is targeting approximately USD 20 million in Online Bidding transaction volume this year, with plans to expand to USD 50 million next year. The company is currently preparing more than 10 additional Online Bidding events covering front-end semiconductor equipment, back-end equipment, and semiconductor parts.
"This successful online auction demonstrated that the legacy semiconductor equipment and parts market can evolve toward a more transparent and digitally connected transaction model," said Bruce Kim, CEO of SurplusGLOBAL. "We are seeing growing interest from global semiconductor companies in Online Bidding, and we believe customer adoption will continue to accelerate."
SemiMarket currently provides visibility not only into equipment available on the market today, but also into equipment expected to enter the market in the near future. The platform features approximately USD 1 billion worth of semiconductor equipment and parts listings, including more than 2,000 units of semiconductor equipment and over 200,000 parts, curated from verified market sources.
SurplusGLOBAL added that SemiMarket has grown approximately fourfold over the past six months and plans to continue introducing new marketplace services later this year, including an RFQ-based marketplace and Easy Seller Kit, designed to simplify semiconductor equipment and parts sales workflows for global sellers.
SEOUL, South Korea, May 19, 2026 /PRNewswire/ -- SemiMarket, the semiconductor equipment and parts marketplace operated by SurplusGLOBAL, announced the results of its first Online Bidding event, highlighting growing global demand for transparent and digitally driven semiconductor equipment transactions.
The online auction featured used back-end semiconductor equipment from a global OSAT company and attracted participation from more than 40 buyers across major semiconductor markets, including South Korea, China, Singapore, Malaysia, the United States, and Europe.
According to SurplusGLOBAL, the auction achieved approximately 70% higher selling prices compared to traditional offline or limited-network sales approaches, demonstrating how competitive online bidding can improve transaction outcomes in the legacy semiconductor equipment market.
The company attributed the results to broader global buyer participation, enhanced pre-sale equipment visibility, and a transparent bidding structure supported by SemiMarket's digital platform.
Through SemiMarket, buyers were provided with standardized equipment information prior to bidding, including images, manufacturer details, model specifications, and transaction terms. On-site inspection support was also offered, allowing buyers to evaluate equipment with greater confidence and reduce purchasing risk.
SurplusGLOBAL explained that the success of the first Online Bidding event was supported by its 26 years of accumulated global customer network and an AI-powered recommendation engine, which helped identify and connect high-intent buyers worldwide. By delivering structured and detailed equipment information online, the company improved transaction transparency while encouraging competitive global participation.
In addition, SemiMarket standardizes key equipment data—including manufacturer, model, specifications, images, and commercial conditions—while continuously collecting engagement data such as views, watch activity, and bidding participation throughout the auction process. The company noted that these data signals can be leveraged after each auction for follow-on sales opportunities, inventory clearance campaigns, and matching buyers with similar equipment.
Building on this initial success, SurplusGLOBAL said it is targeting approximately USD 20 million in Online Bidding transaction volume this year, with plans to expand to USD 50 million next year. The company is currently preparing more than 10 additional Online Bidding events covering front-end semiconductor equipment, back-end equipment, and semiconductor parts.
"This successful online auction demonstrated that the legacy semiconductor equipment and parts market can evolve toward a more transparent and digitally connected transaction model," said Bruce Kim, CEO of SurplusGLOBAL. "We are seeing growing interest from global semiconductor companies in Online Bidding, and we believe customer adoption will continue to accelerate."
SemiMarket currently provides visibility not only into equipment available on the market today, but also into equipment expected to enter the market in the near future. The platform features approximately USD 1 billion worth of semiconductor equipment and parts listings, including more than 2,000 units of semiconductor equipment and over 200,000 parts, curated from verified market sources.
SurplusGLOBAL added that SemiMarket has grown approximately fourfold over the past six months and plans to continue introducing new marketplace services later this year, including an RFQ-based marketplace and Easy Seller Kit, designed to simplify semiconductor equipment and parts sales workflows for global sellers.
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SurplusGLOBAL's SemiMarket Attracts More Than 40 Global Buyers in First Online Semiconductor Equipment Auction, Driving 70% Higher Selling Prices
No Riding. Real Connection.
BALI, Indonesia, May 19, 2026 /PRNewswire/ -- Since January 2026, Bali Zoo has officially transitioned away from elephant riding, introducing Elephant Explorer, a guided immersive experience designed around animal welfare, education, and meaningful interaction.
Launched on 15 April 2026, the experience reflects Bali Zoo's ongoing commitment to strengthening how visitors connect with wildlife, prioritising observation, understanding, and respectful engagement in a naturalistic environment.
Through Elephant Explorer, visitors journey alongside elephants in a guided ranger car experience, allowing them to observe natural behaviours, learn about daily care routines, and interact with the animals in a calm and thoughtful setting. Rather than focusing on ride-based activities, the experience encourages visitors to observe and appreciate elephants through a deeper understanding of their behaviour and care.
The experience focuses on education, conservation, and respect, offering visitors the opportunity to better understand these gentle giants.
"Animal welfare has always been at the core of Bali Zoo's approach," said Emma Chandra, Head of Public Relations at Bali Zoo. "Elephant Explorer was created to ensure that every interaction supports the wellbeing of our elephants, while still offering meaningful and memorable experiences for our visitors."
Guided by experienced zoo educators and mahouts, visitors can participate in feeding sessions while learning more about elephant personalities, diet, enrichment routines, and the strong bond developed through long-term care. These guided moments give visitors a closer look at how elephants are cared for daily and how trust is built between the animals and their mahouts.
Home to 14 elephants, including two male calves born at Bali Zoo, the zoo continues its long-term commitment to conservation and responsible animal care. The presence of the calves reflects Bali Zoo's ongoing efforts to provide a safe, supportive, and enriching environment where elephants can thrive.
As travellers increasingly seek more thoughtful and educational wildlife experiences, Elephant Explorer offers families and visitors a new way to connect with elephants through understanding, respect, and shared experience.
Located just 20 minutes from Ubud, Bali Zoo is easily accessible from major tourist areas across Bali, making Elephant Explorer a convenient addition to family holidays and nature-focused travel itineraries.
About Bali Zoo
Bali Zoo is home to over 600 animals and is recognised as the first zoological park in Bali, offering educational wildlife experiences and personal encounters that encourage visitors to learn more about animals and conservation.
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Bali Zoo Launches Elephant Explorer, A New Approach to Meaningful Elephant Encounters
