Samsung Electro-Mechanics Secures Additional AI Server MLCC Contracts, iM Securities Raises Price Target to 3M Won

According to iM Securities report on July 24, Samsung Electro-Mechanics signed additional long-term supply contracts for multilayer ceramic capacitors (MLCCs) used in AI servers, strengthening its pricing power amid supply constraints. The brokerage raised its price target by 30.4% to 3 million won from 2.3 million won, citing Samsung's expanding market dominance through consecutive large-scale contracts with major tech firms.

Combined with a contract signed in late June, Samsung's total 2027 MLCC supply volume reached 749.1 billion won, signaling sustained demand from global AI infrastructure investments.

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