Samsung Electro-Mechanics lands $210 mil. MLCC supply deal

Samsung Electro-Mechanics has signed a $210.24 million (282 billion won) contract to supply multilayer ceramic capacitors (MLCCs) to a global company, according to a regulatory filing. The one-year deal, set to run from January 1st, 2027 through December 31st, 2027, accounts for 2.5 percent of the company's total sales from the previous year. The identity of the customer remains undisclosed due to a confidentiality agreement.

MLCCs play a crucial role in regulating electrical current and minimizing electromagnetic interference within electronic circuits. The demand for these components has surged due to the growing application in artificial intelligence (AI) server components, particularly in high-temperature and high-voltage environments. In May, Samsung Electro-Mechanics announced another significant order from a global customer amidst the acceleration of AI data center investments worldwide.

The company's major supply contracts announced this year have collectively reached nearly 4 trillion won, including undisclosed deals. MLCCs continue to be in high demand as the AI server market expands, driven by the increasing need for these components in AI technology.