AI demand surged, MLCC takes over as memory prices rise.

The price surge triggered by AI is spreading throughout the components industry chain. Following the skyrocketing prices of storage chips, chip-type multilayer ceramic capacitors have become the next key components to see a price increase. It is reported that the spot price of MLCC in Korea has risen by nearly 20%, and the industry expects it to continue to rise in the short term. The capital market has reacted positively. Since the beginning of this year, the industry leader in MLCC, Samsung Electro-Mechanics in Korea, has seen a significant increase in stock price, while stocks of Fenghua High-tech, Sanhuan Group, and other A-shares have also risen in sync. It is generally expected in the industry that by 2026, the MLCC industry will present a differentiated pattern: benefiting from the AI boom, demand for high-end products is expected to explode; while middle and low-end products face pressure from weak demand and rising costs. Domestic companies have established advantages in the middle and low-end markets and are currently accelerating their breakthrough into the high-end market.