India, July 18 -- TrendForce's latest MLCC industry research indicates that accelerating AI server platform upgrades and the continued volume growth of custom ASICs developed by CSPs have significantly boosted demand for high-end MLCCs.

By late June 2026, the book-to-bill (BB) ratios of the three leading Japanese and Korean suppliers-Murata, Samsung Electro-Mechanics (SEMCO), and Taiyo Yuden-had risen to 1.30, 1.31, and 1.25, respectively, marking their highest levels since the COVID-19 pandemic. The MLCC industry's overall BB ratio also climbed to 1.04.

Notably, Murata's financial results for the first quarter of 2026 showed its orders-to-backlog ratio reaching 1.27, surpassing the previous peak of 1.25 recorded at the onset of the ind...