Samsung Electro-Mechanics announced on Friday that a major global customer had agreed to buy multilayer ceramic capacitors for AI servers, in a deal valued at roughly 879.3 billion won, or about $659 million. The arrangement covers a single year and takes effect December 21.
The disclosure puts it second only to one earlier long-term capacitor contract for size this year, and it is the eighth such agreement the company has made public. Counted from May onward, the disclosed total for long-term deals on those components has climbed to almost 5.18 trillion won.
More than 50 customers have either signed such pacts or are negotiating them, and management expects over half of next year’s capacitor sales to flow through contracts rather than spot orders.
Why the demand keeps climbing comes down to arithmetic. Each additional die packed into a GPU or ASIC raises power draw, and the capacitance required to hold power delivery steady roughly doubles annually. Parts destined for AI servers must also tolerate higher heat and voltage than general-server equivalents. That combination has left the field to a small group of suppliers, and Samsung Electro-Mechanics now holds above 40 percent of the segment.
The market has room to run. Goldman Sachs projects growth near 34 percent a year, taking the total from $1.4 billion in 2025 to $5.8 billion by 2030 by its estimate.
The component division’s third-quarter revenue reached 1.88 trillion won, 36 percent above the same period a year earlier, and the signed backlog points to more of the same. The component that never gets a keynote is often the first to go short.
