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In the fourth quarter, the MLCC (Multi-Layer Ceramic Capacitor) market receives some support from the ongoing construction of AI infrastructure. Nevertheless, the sluggish demand in the consumer electronics sector has introduced more uncertainties and exerted greater pressure on the global market. Considering the conservative stockpiling strategies adopted by OEM (Original Equipment Manufacturer) and ODM (Original Design Manufacturer) manufacturers, apart from the consistent revenue growth observed in high-end MLCCs, consumer-grade MLCC orders are not expected to defy the overall market trend and stage a rebound. Suppliers are thus required to strike a balance between cost reduction, efficiency improvement, and capacity allocation to minimize operational risks.
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