Close
Close

Free Trial

Close

Free Trial

01.14.2021
 

Walsin production plant in DalangDonguan, China caught fire on Jan. 13. This location is the main hub for the company’s MLCC and chip resistors. While the cause is unknown, it did not affect the production floor or inventory area. Often when unexpected events occur, it takes several months for the full market impact to be realized

An MLCC shortage has been looming for a year due to the growth in its use for smartphones and 5G production amidst government shutdowns to curb the spread of the coronavirus. Already, it has been reported that competitors Murata and Taiyo Yuden have extended delivery time amid the growing demand and resurgence of COVID-19 

While the majority of MLCCs produced are used in consumer electronics and 5G smartphonesthe components are also prevalent in the automotive sector. In 2018, a shortage of automotive-specific MLCCs rocked the industry. This is a growing sector as more and more MLCCs are required in electric vehicles, autonomous vehicle technology, and driving assistance systems (ADAS). 

By 2025, the global MLCC market is projected to be worth 14.36 billion USD – an increase of 5.31 billion USD from 2019.

WORLD CLASS SERVICE.

Let Fusion Worldwide solve your supply chain needs.

GIVE US A CALL: +1.617.502.4100

Free Trial