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Semiconductor startups around the globe raised $1.9 billion in August, with Chinese companies accounting for 75% of the funding
With the predicted number of global automotive MLCC consumption reaching 650 billion in 2025, Chinese MLCC players are working hard for a larger market share, following world-leading players from Japan and South Korea.
Although the current MLCC prices decrease because of slashed orders from the consumer electronics market, Chinese MLCC manufacturers expand their production capacity, driven by strong market demand from automotive electronics.