According to media reports, passive components, as the "industrial rice" of the electronic information industry, are the core foundation for ensuring signal transmission, energy storage and circuit protection of electronic equipment. Starting from the second half of 2025, a variety of passive components, including MLCC, resistors, inductors, tantalum capacitors, magnetic beads and other products, have experienced multiple rounds of price increases driven by different reasons, with price increases generally ranging from 5% to 30%.
Aijian Securities research report pointed out that the component price increase cycle driven by AI has extended from storage to core passive components. According to media reports on February 24, Samsung Electro-Mechanics, a major global MLCC (multilayer ceramic capacitor) manufacturer, is evaluating plans to increase the pricing of its products. MLCC is the core basic component responsible for filtering, voltage stabilization, and energy storage in electronic circuits. Korean media analysis pointed out that the structural high demand brought by the iteration of AI servers is the core support for this round of MLCC price increase expectations. The power consumption of AI servers is much higher than that of traditional servers. The demand for high-capacity and high-temperature-resistant MLCCs has surged, and the consumption of single-machine MLCCs has increased by more than three times compared with ordinary servers. Aijian Securities believes that the global MLCC price increase cycle is expected to continue until 2026.
According to the Finance Association’s theme database, among the relevant listed companies:
China Ceramics Materials is the world's leading manufacturer of MLCC dielectric powders, with a full range of products covering all types of basic powders and formula powders.
Hongda Electronics has carried out a total of 11 independent research and development projects in 2025, including completing the standard implementation expansion of CTK41B multilayer chip ceramic capacitors and chip thin (thick) film fixed resistors, and launching highly reliable multilayer ceramic and chip resistors.
(Financial Associated Press)
