[Click e-Stock] "Samsung Electro-Mechanics Expected to Enter Boom Period Thanks to AI Benefits"

On September 5, KB Securities analyzed that the development of the artificial intelligence (AI) industry is driving increased demand for multilayer ceramic capacitors (MLCCs) and packaging substrates for Samsung Electro-Mechanics.

Lee Changmin, a researcher at KB Securities, stated, "We estimate that Samsung Electro-Mechanics will achieve sales of 2.84 trillion won and operating profit of 247.7 billion won in the third quarter of this year," adding, "This represents an increase of 9% and 7%, respectively, compared to the same period last year."

He continued, "It appears that the results will slightly exceed market expectations," and added, "This will mark the largest quarterly performance in two years."

Lee analyzed, "With the benefits from AI, the MLCC and packaging substrate industries are entering a boom period," and predicted, "In the case of high value-added MLCCs, supply will be insufficient." He emphasized, "While demand for automotive MLCCs continues to grow steadily, demand for AI server MLCCs is rising rapidly. For MLCCs used in AI servers, the demand per application is enormous, leading to a significant production capacity encroachment effect."

He further stated, "Nvidia's Blackwell features more than ten times the amount of MLCCs per server compared to general servers," and predicted, "In the future, new MLCC products with even higher added value will be installed in platforms such as Rubin."

This content was produced with the assistance of AI translation services.