+44 (0)24 7671 8970
More publications     •     Advertise with us     •     Contact us
 
Loading...
News Article

Moov releases Equipment Management Software

News

Moov has released its new Equipment Management Software (EMS) for semiconductor manufacturers.

Moov’s Equipment Management Software helps manufacturers track and understand what equipment assets they own across fabrication centers (fabs), the condition of these tools, and the resale value of these assets based on data from Moov’s global marketplace.


Today, semiconductor manufacturers have limited insight into the equipment they own across fabs, its condition, and how to maximize its value once it is considered depreciated and/or has outlived its initial production line.


In building EMS, Moov will continue to help manufacturers operationalize a more data-driven approach to deciding how to leverage idle or underutilized capital equipment – whether that means transferring equipment between fabs, scrapping equipment, selling parts, or selling whole systems to maximize the lifetime value of these assets.


“Semiconductor manufacturers have neither the tools nor the data to make informed decisions on what to do with capital equipment assets that may be depreciated on their books but still have real market value,” said Moov cofounder and CEO, Steven Zhou. “Moov’s Equipment Management Software helps manufacturers gain a unified view of their equipment across fabs and augments equipment data with marketplace data pulling from millions of data points on pricing, supply, demand, geography, installed base, and more to help chipmakers make strategic decisions on how to maximize the value of these financial assets based on true market conditions.”


To help manufacturers simplify the process of deploying EMS across fabs, Moov is offering free equipment audits and data onboarding. Moov will audit and inspect tools across a manufacturer’s fabs, and document tool make, model, location, condition, and specifications in the EMS. Once a manufacturer’s assets are tracked in the EMS, the system will automatically pull in data on pricing and demand from Moov’s global marketplace for used semiconductor manufacturing equipment. Manufacturers can then leverage this holistic view of their assets, which are indexed and easily searchable across locations, to decide what to do with underutilized equipment and parts. If manufacturers


decide to sell assets, they can easily do so in 2-clicks through a direct integration with Moov’s global resale marketplace.


“We’re taking all of the legwork out of implementing a holistic system for tracking semiconductor manufacturing equipment across fabs, in order to empower manufacturers to reduce waste and redundancies, more quickly respond to shifting needs from fab to fab, and maximize the value of assets that may have hitherto been considered a write-off but have substantial market value,” said Zhou.


Historically, what to do with depreciated equipment has been considered an afterthought by chipmakers as the process of reselling equipment was onerous and fragmented, and the resale value of equipment low. However, equipment delays and shortages of the pandemic era, the rising demand for 200mm capacity, and changing procurement habits of manufacturers to diversify their capital equipment supply chains, have led to a surge in the resale value of semiconductor manufacturing equipment. At the same time, increased market pressures to improve both the financial and environmental sustainability of fabs has created the need for a better approach to maximizing the value of these 6-figure+ assets throughout their lifecycle.


“With access to the world’s largest data set for the resale value of semiconductor manufacturing equipment, we felt it was our responsibility to build technology to help manufacturers better incorporate this data into their day-to-day decision-making process,” said Zhou.

Reality AI Explorer Tier offers free AI/ML development access
AEM introduces new generation of Automated Burn-In Systems
NPUs are emerging as the main rival to Nvidia’s AI dominance, says DAI Magister
Camtek receives a $20M order from a Tier-1 OSAT
Free samples of every STMicroelectronics NPI IC available from Anglia
NY CREATES and SEMI sign MoU
Major government investment to 'propel' Canada
QuickLogic announces $5.26 million contract award
ASNA and Athinia collaborate
Global sales forecast to reach record $109 billion in 2024
AMD to acquire Silo AI
Nanotronics unveils 'groundbreaking' Gen V AI Model
Aitomatic unveils SemiKong
Biden-Harris Administration reveals first CHIPS for America R&D facilities and selection processes
Collaboration to produce cutting-edge AI accelerator chips
Oxford Ionics breaks global quantum performance records
Adeia wins ECTC Award for paper on “Fine Pitch Die-to-Wafer Hybrid Bonding”
AEM introduces new generation of Automated Burn-In Systems
Sydney council forges vital semiconductor agreement
EV Group's EVG880 LayerRelease wins 2024 Best of West
Biden-Harris Administration to invest up to $1.6 billion
Cyient sets up subsidiary for semiconductor business
EMD Electronics network leaders honoured
Accenture acquires Cientra
Introducing Park FX200
Deep learning chipset market to surge to $72.8 billion by 2033
PI Innovation Award 2024: Nanobodies for Diagnostic and Therapeutic Applications
Graphcore joins Softbank Group
Kaman Measuring highlights high precision displacement sensors
Si2 reveals recipients of Annual Power of Partnerships Award
Advantest achieves ASPICE Level 2 Certification for V93000 SmarTest 8 Software
Semiconductors to become a trillion-dollar industry by 2030
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
  • 1st January 1970
  • 1st January 1970
  • 1st January 1970
  • 1st January 1970
  • 1st January 1970
  • 1st January 1970
  • 1st January 1970
  • 1st January 1970
  • View all news 22645 more articles
Logo
×
Register - Step 1

You may choose to subscribe to the Silicon Semiconductor Magazine, the Silicon Semiconductor Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in: