Samsung Electro-Mechanics Wins 290 Billion Won AI Server MLCC Order

Samsung Electro-Mechanics signed a significant contract on Oct. 6 for $210.24 million worth of AI server multilayer ceramic capacitors (MLCCs) with a major global company. This agreement, valid from January 1, 2027 to December 31, 2027, marks Samsung's sixth long-term agreement this year. Cumulatively, contracts signed since May for silicon capacitors, AI server MLCCs, and inductors amount to approximately 3.9 trillion won, or roughly $2.91 billion.

MLCCs are indispensable components in electronic products like smartphones and automobiles, storing and regulating electrical energy. They are especially crucial in AI servers, where high technical demands prevail. AI server MLCCs must function reliably in extreme conditions and withstand high stress, limiting the number of companies capable of meeting these standards. Samsung Electro-Mechanics currently holds over 40% market share in this niche segment.

The market for AI server MLCCs is expected to expand from $1.4 billion in 2025 to $5.8 billion in 2030, driven by the rapidly growing AI data center industry. Samsung Electro-Mechanics currently has supply agreements with more than 10 global customers and is exploring further contracts. Investor sentiment improved following the announcement of this contract, with the company's share price surging by 5.82% intraday on Oct.

6, breaching the 1.6 million won mark for the first time since mid-August. A Samsung Electro-Mechanics spokesperson stated, "Customer demand for high-performance MLCCs continues to rise alongside the growth of the AI market," and highlighted their plan to bolster global competitiveness through expanding AI-use products and maintaining supply capacity.