Murata Manufacturing, Japan's leading manufacturer of passive components, has announced that it will discontinue production of select consumer electronics and automotive MLCC products covering the GRM, GRJ, GRT, GXM, GXT, GCM, GCJ, GCG, and ZRA series, with a final order deadline of March 31, 2028. The move aims to reallocate capacity toward higher-margin, high-quality MLCCs for AI servers. The news sent Taiwanese passive component stocks higher, with Prosperity Dielectrics and Viking Tech briefly hitting their daily limit, while Yageo, Walsin Technology, and Holy Stone Enterprise also posted gains. Analysts believe that Yageo and Walsin Technology will benefit the most, as their production capacities for standard and automotive products stand to gain the most. TrendForce had previously noted that the displacement effect of high-end AI MLCCs has already spread to the automotive and consumer markets, giving Taiwanese suppliers the opportunity to win overflow orders.
Murata Discontinues Selected MLCC Lines; Taiwanese Passive Component Manufacturers Face Order Delays
Company Presentation Before Midnight
Hello, everyone,
Given today's great performance and numbers in the tech sector,
is there a little treat for you.
The figures from OnVista and Market Screener differ once again.
So, as always, I’m eager to hear your take on our prompts (@Raketentoni / @Aktienhauptmeister )
But of course, I’m also looking forward to the community’s overall take.
After memory chips, the next bottleneck component is coming into focus in the AI supply chain: Tiny ceramic capacitors are driving lead times up to half a year—and sending stocks from Japan, Korea, and Taiwan soaring.
After processors and memory chips, the next component facing a shortage is coming into investors’ focus: so-called MLCCs, or multilayer ceramic capacitors. These tiny components—the smallest about the size of a grain of sand—are found in virtually every modern electronic device. In AI servers, they perform a critical function: they smooth out voltage spikes, filter out electrical noise, and prevent chips from becoming unstable when massive computing operations are booted up.
This is precisely what makes them the next target of the so-called “bottleneck strategy,” which investors have already successfully applied to memory chips. Goldman Sachs recently ranked MLCCs as the third-largest cost factor in the construction of AI server racks, after GPUs and memory. Analysts estimate that by 2030, the relevant MLCC market for AI servers could grow to more than four times its current volume. A single modern AI server rack can require hundreds of thousands of these components.
The consequences are noticeable: According to market observers, lead times for high-quality MLCCs now exceed 20 to 24 weeks. Because AI applications tie up enormous production capacities, the bottleneck is also affecting the automotive industry. Prices rose by as much as 25 percent at their peak.
The global MLCC market is firmly in Asian hands:
The world market leader is the Japanese corporation Murata Manufacturing with a market share of more than 35 percent. The company is considered a technological pioneer in the miniaturization of these components.
In second place is Samsung Electro-Mechanics from South Korea, which specializes in high-performance components for smartphones and AI infrastructure.
Murata Manufacturing Co., Ltd. is a Japan-based company primarily engaged in the manufacture of semi-finished products, which are intermediate components for various electronic devices. The company operates in three business segments.
The “Components” segment offers capacitors, inductors, and filters for electromagnetic interference (EMI) suppression. It is the world’s largest manufacturer of multilayer ceramic capacitors (MLCCs) and sensor solutions.
The “Devices and Modules” segment offers high-frequency modules, surface acoustic wave filters, rechargeable lithium-ion batteries, and sensors.
The “Other” segment is active in the provision of medical devices as well as in the solutions business. Murata Manufacturing develops and manufactures passive electronic components and modules for smartphones, automotive, industrial, and consumer electronics applications and supplies components to leading manufacturers such as Apple, Samsung, and Tesla.
Murata Manufacturing benefits from structural growth in electric vehicles, AI devices, and 5G smartphones, all of which have a significantly higher demand for multilayer ceramic capacitors than traditional electronic products.
The company also offers employee benefits, leases real estate, and develops and distributes products and software.
Number of employees: 75,912
Various stunts by MURATA BOY
The robot is riding a bicycle. It maintains its balance even when it’s completely stopped!
It performs stunts such as climbing slopes and walking on balance beams.
It is able to move while maintaining balance using the handlebars, just like a cyclist.
It can cross 2-cm-wide balance beams while maintaining its balance, and even climb up and down steep slopes with ease.
With its ultrasonic sensor, it can stop before hitting obstacles.
MURATA GIRL
Thanks to her excellent sense of balance, the robot can ride a unicycle! She’s doing her best to catch up with MURATA BOY.
Earnings Release Conference First Quarter of FY2026 July 31, 2026
Murata is collaborating with Synopsys to provide simulation models using Ansys’ electromagnetic and thermal analysis tools.
The Japan-based Murata Electronics and Tribe in Singapore, an open innovation platform, have launched the KUMIHIMO Tech Camp Singapore 2026, an open innovation program that invites MedTech startups in ASEAN and India to jointly develop healthcare solutions that address the region’s most pressing medical challenges.
Murata Plans 85–90% Revenue Growth in AI and Data Center Components
Murata plant Umsatzsprung von 85-90 % bei KI- und Rechenzentrumskomponenten Von Investing.com
Revenue Breakdown by Business Segment:
2026 (JPY)
Components 1.175 billion
Devices and Modules 656 billion
Others 69.7 billion
Elimination/Corporate -70.06 billion
Geographic Revenue Breakdown:
2026 (JPY)
Greater China 865 billion
Asia and Other 376 billion
United States 255 billion
Europe 153 billion
Japan 133 billion
Americas (excl. U.S.) 49.02 billion
Juan – A Brief, Realistic Summary of Murata
(Financial & Valuation Metrics 2025–2029 / onvista + MarketScreener)
“When I take a sober look at Murata, I see a company that is clearly getting back on track financially. Revenue, EBIT, and net income will rise significantly starting in 2026, margins will climb steadily, and free cash flow will become really strong again starting in 2027. This is a classic ‘fundamentals are stabilizing, quality is returning’ scenario.
In terms of valuation, however, Murata appears to be split: The MarketScreener metrics show a moderate P/E ratio and a sharply falling PEG—in other words, a company that’s becoming more affordable as earnings pick up. Onvista, on the other hand, shows short-term fluctuations in multiples, which reflect market volatility rather than the company’s true quality.
Performance:
1 week -6.03%
1 month -32.05%
6 months +124.01%
1 year +202.63%
3 years +129.24%
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