A Faster Way to Source Semiconductor Equipment

The complicated procurement process is a well-known deficiency of the semiconductor manufacturing industry, especially regarding the supply chains that equip fabs with the machines required to produce chips. Lead times when buying new equipment from OEMs can range from months to years, and historically sources for buying used equipment have been fragmented.

“Sometimes, semiconductor manufacturers will turn to auctions when they need to replace a machine or supplement a production line fast, only to find that it takes 6-8 months to receive the tool post-purchase," says Maxam Yeung, Co-Founder and Managing Director at Moov.

However, delivery is only one of several impediments that slow down the procurement process.

• Finding the right tool - sources of used equipment are still fragmented. It can be difficult to find what you are looking for; the process of searching for a specific machine can be frustrating with variations in tool nomenclature, and inconsistent configuration details are a common issue when browsing used equipment sources.
• Verifying seller and tool - after locating equipment, a semiconductor manufacturer must verify the seller is trustworthy, the tool is still available, and is as represented.
• Managing post-transaction logistics - after a piece of equipment is purchased, there are multiple logistical hurdles that can lengthen the time to get the tool running in the fab.

Moov can get a tool to a buyer's door between Asia and the US in less than 2 months, while other companies take 6-8 months.

With these challenges in mind, Moov has optimized the second source procurement experience for speed and quality at every step of the process. Here’s how:

• Moov makes it easier to find equipment - with Moov’s digital marketplace, intelligent matching technology, global team of experienced industry experts on-call to help 24/7.
• Moov verifies sellers and guarantees buyer satisfaction - Moov verifies each seller to ensure that listings are accurate, and backs it up with guaranteed buyer satisfaction.
• Moov offers fully managed post-transaction logistics - Moov begins the process of getting your tool to you immediately post-transaction, and handles each step in the process.

All of these factors combine result in a faster experience when buying pre-owned semiconductor equipment through Moov. You can experience the Moov speed difference for yourself when buying your next tool. Browse hundreds of verified listings on Moov’s website.