Samsung Electro-Mechanics signs 290 billion-won AI server MLCC supply deal for 2027

Samsung Electro-Mechanics has secured a $210.24 million (282 billion won) order to supply multilayer ceramic capacitors (MLCCs) to a global company, adding to a string of large deals driven by growing demand for artificial intelligence (AI) server components, the company said Tuesday in a regulatory filing. The company signed the one-year supply contract, which runs from Jan. 1 through Dec. 31, 2027. The customer was not disclosed due to a confidentiality agreement. The latest deal represents 2.5 percent of Samsung Electro-Mechanics’ total sales last year. It brings the value of the company’s major supply contracts announced this year to nearly 4 trillion won, which includes contracts not subject to disclosure. MLCCs regulate electrical current and reduce electromagnetic interference in electronic circuits. AI servers require more MLCCs than conventional servers and demand for the products goes higher under high-temperature and high-voltage conditions. The latest contract comes amid a series of large orders from global customers as AI data center investment accelerates. In May, the co

Samsung Electro-Mechanics said Tuesday that it has signed a 290 billion-won ($215.8 million) contract to supply multilayer ceramic capacitors (MLCCs) for artificial intelligence (AI) servers to a global company. The electronic components unit of Samsung Electronics said the contract runs from January 2027 through December 2027. The company did not disclose the customer, citing a confidentiality agreement. The deal marks Samsung Electro-Mechanics' sixth long-term supply agreement announced this year. The company has signed a series of long-term supply agreements worth a combined 3.9 trillion won this year, covering silicon capacitors, MLCCs and inductors for AI servers. MLCCs are key electronic components that regulate and stabilize electrical current in circuits. They are widely used in smartphones, personal computers, automotive electronics and AI servers. MLCCs designed for AI servers require more advanced manufacturing technology than those used in mobile devices. According to Goldman Sachs, the global AI server MLCC market is expected to grow at an annual average rate of about 34 percen

SEOUL, Oct. 6 (Yonhap) -- Samsung Electro-Mechanics Co. said Tuesday that it has...