As the multilayer ceramic capacitor (MLCC) market improves, Samsung Electro-Mechanics is breaking its all-time high prices daily.
Samsung Electro-Mechanics stocks were traded at 178,300 won on the KOSPI market at 9:22 a.m. on the 4th. The stock price rose by 2.35% (4,100 won) compared to the previous day. At the beginning of trading, the stock price jumped to 178,700 won, setting a new highest price for the past year.
The foreign investor ownership rate in Samsung Electro-Mechanics has surpassed 35%, marking a record high. This indicates significant expectations from foreign investors towards Samsung Electro-Mechanics.
Yang Seung-soo, a researcher at Meritz Securities, identified two major positive factors for Samsung Electro-Mechanics. First is the expectation that the MLCC market can enter an upward trend. The demand for artificial intelligence (AI) servers and high-capacity MLCCs for automotive use has increased, lifting the overall utilization rate of the MLCC industry. Yang noted that there is also a possibility of a supply shortage phase.
Additionally, Yang predicted that Samsung Electro-Mechanics' FC-BGA (flip chip ball grid array) business could grow as the specific integrated circuit (ASIC) market opens up in 2026. He stated, "Samsung Electro-Mechanics is expected to fully commence FC-BGA supply directed towards ASICs to major clients such as Meta, Google, OpenAI, and Apple by the end of this year."