【TrendForce: Estimated MLCC Shipments to Increase by 6.8% to 123.45 Billion Pieces in the Second Quarter】

According to TrendForce's observation, it is expected that the shipment of MLCC in the first quarter of 2024 will be at the trough of the past three quarters. In the second quarter, ODM orders are mainly driven by the steady growth in demand for AI servers, while demand for other consumer electronics is lower due to traditional seasonal bidding projects and insufficient inventory preparation momentum for the May Day holiday and the 618 e-commerce festival in China. Overall, thanks to the support of order demand from AI servers and the low but stable growth in demand for ICT products compared to the first quarter, the production capacity utilization rate has gradually stabilized. Therefore, it is estimated that MLCC shipments in the second quarter will increase by 6.8% to 123.45 billion pieces, driving a slight growth in revenue in the second quarter.