Chinese multilayer ceramic capacitor (MLCC) manufacturers are making impressive strides in the global market. Companies like Guangdong Fenghua Advanced Technology, Chaozhou Three-Circle Group, and Eyang Technology have collectively captured an estimated 10% of the global market share by the latter half of 2024. This marks a notable increase of four percentage points since 2019, highlighting their growing influence and the mounting competition faced by established players such as Samsung Electro-Mechanics. This development indicates China’s rising prominence in the electronics industry, gaining more recognition and influence on the global stage.
