Agent responds to leading MLCC manufacturer Yageo’s price increase: Confirmed

Golden Ten Data reported on July 1 that, according to market rumors, leading passive component manufacturer Yageo notified clients of a price adjustment, implementing a price increase across its entire range of capacitor products starting today. This includes tantalum capacitors, MLCC, aluminum electrolytic capacitors, solid aluminum capacitors, film capacitors, and supercapacitors, covering approximately 50% of Yageo’s revenue. For the first time, the price hike also targets direct customers (EMS/OEM).In response, several Yageo distributors, including Dongguan Chaoxiang Electronics Co., Ltd. and Shenzhen Hefengxin Technology Co., Ltd., confirmed that the price increase for Yageo’s full range of capacitor products is real. Additionally, the adjustment now extends from distributors to direct customers, meaning that both spot and contract pricing are being raised simultaneously.A staff member at Shenzhen Hefengxin Technology Co., Ltd. noted that spot market prices are likely to rise even more. “This time the price hike was notified by the manufacturer. In fact, spot market prices have been rising continuously since May this year, with the prices of high-end capacitor products increasing by up to tenfold within a month. Recently, delayed deliveries have occurred frequently; besides Yageo, all major MLCC brands are also experiencing supply delays.”