Global Semiconductor Repair Company Enhances Core Management for Growth
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Global Semiconductor Repair Company Enhances Core Management for Growth

EQ GLOBAL CEO Stanley Choi Shares Vision for Company Growth in Semiconductor Equipment Repair Industry

SEOUL, South Korea, March 14, 2025 /PRNewswire/ — In a recent interview, Stanley Choi, the CEO of EQ GLOBAL, a subsidiary of SurplusGLOBAL, discussed his plans to strengthen the company’s core management and expand its business scale to solidify its position as a leading global semiconductor equipment repair company.

Choi, a veteran in the semiconductor industry with nearly 30 years of experience, outlined his vision for EQ GLOBAL’s future. He emphasized the importance of transparency in work processes, open discussions, and collaboration among employees to foster a positive corporate culture.

Regarding business goals, Choi aims to increase revenue by 15-20% this year, with an expected operating profit margin of around 10%. He highlighted the need to improve operational efficiency and profitability, focusing on strengthening the company’s custom pipeline and reducing repair turnaround times.

In terms of overseas expansion, EQ GLOBAL currently operates in China and Singapore and is exploring opportunities in the U.S. market. The company is also planning to target the European market through a recently launched German branch. However, challenges such as U.S. semiconductor policies and trade tensions between the U.S. and China pose risks to global expansion efforts.

As part of its growth strategy, EQ GLOBAL is set to launch a SemiMarket parts mall service that will connect buyers and sellers of semiconductor equipment and parts. The platform will offer repair services for listed products, enhancing market transparency and integrity.

In conclusion, Choi expressed his hopes for Korea’s semiconductor industry to learn from Taiwan’s success in the non-memory segment. He stressed the importance of government support and infrastructure in fostering growth in the foundry sector. By focusing on core business areas and leveraging repair capabilities, EQ GLOBAL aims to achieve long-term success and potentially pursue an IPO within the next five years.

SOURCE SurplusGLOBAL, Inc.