China’s MLCC market splits in 2 as AI server demand outpaces consumer electronics

SCMP TechSeptember 22, 2026en

In China’s hardware hub in Shenzhen, the speculative frenzy around consumer multilayer ceramic capacitors (MLCCs) has cooled into a sharp price correction, but prices for artificial intelligence server components remain elevated. Spot prices for consumer-grade MLCCs, often dubbed the “the rice of the electronics industry”, have fallen by two-thirds from their peak two months ago, according to Wang Jun, an MLCC distributor in Huaqiangbei, a commercial zone in the city known for electronic...

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