The $5.5bn market for MLCCs (multi-layer ceramic capacitors) is poised to grow to $7.4bn over the next five years, but capacity shortages prevail amongst the top three manufacturers who supply 60% of the market. Samsung Electro-Mechanics has said it will halt new orders and Murata is expanding manufacturing by 10%. The third major player is Taiyo Yuden. Customers are considering alternatives such as tantalum-based polymer electrolytic capacitors (KO-CAPS).
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