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

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