Samsung Electro-Mechanics to Accelerate Construction of New MLCC Plant in the Philippines

August 4th - Samsung Electronics plans to start operating its new Multi-Layer Ceramic Capacitor (MLCC) factory in the Philippines at the end of the first quarter next year. The company started negotiating investment terms with the local government at the end of last year, a process that has taken only 15 months so far. Analysts say that this move signifies Samsung Electronics' full implementation of the "Order-Linked Fast Expansion" strategy, which aims to accelerate production through long-term agreements (LTA) with major global tech firms.