Murata to End Some MLCC Part Numbers in Fiscal 2026 as Top Three Makers Set Five-Year Shipping High

Murata Manufacturing has issued an official notice announcing a product-line optimization in fiscal 2026 that will discontinue some MLCC products and expand other capacity. The discontinued range covers specific part numbers in both consumer-grade standard series and automotive-grade series, including parts of the GRM, GRJ, GRT, GXM, GXT, GCM, GCJ, GCG and ZRA series. In June 2026, shipments by Murata, Samsung Electro-Mechanics and Taiyo Yuden all hit their highest monthly levels in nearly five years, consumer-grade orders continued to spill over, and channel quotations rose. Lead times for high-value-added MLCCs lengthened from 8 to 10 weeks to more than 20 to 26 weeks.

On September 11, 2026, Hong Kong-listed CCTC surged in the afternoon, gaining more than 7%, while Tianli Holdings Group rose nearly 10%. In the A-share market, the MLCC sector moved sharply in the afternoon, with Yunju Technology up more than 15%, Fenghua Advanced Technology and Shuangxing New Materials hitting the daily limit, and Hongming Electronics, Torch Electronics, Guoci Materials and CCTC rising in sympathy. Shuangxing New Materials had already hit the daily limit in morning trading, with Yunju Technology and Fenghua Advanced Technology among the leading gainers. The broader market fluctuated and weakened in the morning, with the three main stock indices all down about 2%.

Since September 2026, Fenghua Advanced Technology, Hongyuan Electronics and Hongming Electronics have received institutional research visits, from 180, 49 and 19 institutions respectively. As of September 11, 2026, shares of Sunway Communication, Torch Electronics, Jiemei Technology and Guoci Materials had retreated more than 45% from their highs for the year.

Boqian New Material's main business is high-end specialty metal powder materials for electronics, mainly nano-scale and submicron nickel powder, used primarily in MLCC production and widely applied in consumer electronics, automotive electronics, AI hardware and other fields. CCTC's MLCC products have achieved mass production across all package sizes from 01005 to 2220, and the company has developed distinctive products including its S series and M3L series.

Hongming Electronics has already supplied the communications satellite sector in volume and formed stable supporting cooperation in the commercial space sector. The company has China's first aerospace-grade MLCC production line, with product failure rates meeting the highest international standards. Once its Hongke Phase II fundraising project reaches full production, it will be able to produce 400 million MLCCs a year, with part of that capacity usable for commercial space, low-altitude economy and other emerging civilian fields. Fenghua Advanced Technology is conducting product research and market development around six high-end directions: high reliability, high capacitance, high temperature, high voltage, high precision and high frequency, and its MLCC business gross margin has been rising steadily.