[News] Samsung Electro-Mechanics’ MLCC Revenue Seen Topping KRW 8T in 2027; Murata EOL May Reshape Market
Samsung Electro-Mechanics’ multilayer ceramic capacitor (MLCC) business is emerging as an increasingly important earnings driver, supported by growing demand from AI servers and data centers. According to Popcorn News, the company’s MLCC revenue is projected to rise 38.2% from KRW 4.715 trillion last year to KRW 6.516 trillion this year, before reaching KRW 8.241 trillion in 2027. That would represent an increase of KRW 3.526 trillion in just two years. Notably, MLCCs are expected to account for nearly half of Samsung Electro-Mechanics’ total revenue in 2027.
The growth outlook is also supported by major new orders. Samsung Electro-Mechanics has disclosed three MLCC supply contracts this year, worth KRW 454 billion on June 30, KRW 295.1 billion on July 23, and KRW 1.0722 trillion on September 1. Together, the agreements are valued at KRW 1.8213 trillion, with deliveries under all three set to begin in 2027, as the report indicates.
Strong demand is also lifting pricing and keeping production at high levels. The report notes that Samsung Electro-Mechanics’ MLCC average selling price rose 13.9% year over year in 1H26, driven by higher-value products used in AI servers and data centers. Production also remained at high levels, with the utilization rate for its component business, including MLCCs, reaching 91% in 1H26.
This high utilization is also being accompanied by more aggressive pricing and capacity adjustments. According to TrendForce, Samsung Electro-Mechanics is raising 4Q26 prices for OEM and ODM customers, with consumer-grade X5R MLCCs expected to increase by an average of 25% to 30% and high-end X6S products for AI servers by 10% to 20%. TrendForce notes that the move is intended in part to curb orders and free up capacity for high-end production, signaling a broader shift toward higher-value MLCCs.
Murata EOL Move Could Trigger Broader MLCC Reshuffle
Meanwhile, the MLCC industry could see a broader reshuffle as Murata adjusts its product portfolio. According to Commercial Times, the company has issued End-of-Life (EOL) notices for selected specifications across nine product series, spanning general-purpose, automotive, and RF applications. Murata is shifting from larger, lower-capacitance products toward smaller, higher-capacitance, higher-margin MLCCs, a move that could also influence Samsung Electro-Mechanics’ general-purpose portfolio.
TrendForce observes that while annual product rationalization is common across the industry, with suppliers typically giving customers advance notice and allowing a three-month window for last-buy orders, the scale and breadth of Murata’s latest EOL action stand out. Covering a large number of part numbers across multiple applications, the move suggests a more systematic effort to phase out larger-size, lower-priced, and lower-margin commodity MLCCs.
More importantly, Murata’s move underscores a broader shift in its product and capacity mix toward higher-end, miniaturized, high-capacitance MLCCs for AI servers, data centers, and automotive electronics, according to TrendForce. The portfolio cleanup is also expected to shape Murata’s capacity allocation and expansion priorities for 2027 and beyond.
For Taiwan- and China-based MLCC suppliers, meanwhile, Murata’s portfolio pruning could open the door to additional replacement orders. Similar EOL cycles in the past have generated transfer-order opportunities, particularly for mainstream consumer products and selected automotive MLCCs.
Read more
- [News] Samsung Electro-Mechanics Secures KRW 1.07 Trillion Long-Term MLCC Supply Deal for AI Servers
- [News] MLCC Lead Times Diverge as High-End Products Stretch to 5–10 Months; Tightness May Extend Into 2027
- SEMCO Leads 4Q26 OEM Price Hikes, Signaling Start of MLCC Industry Upcycle, Says TrendForce
(Photo credit: Samsung Electro-Mechanics)
