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After returning to the White House on January 20th, the Trump administration swiftly implemented various policy initiatives through executive orders, focusing on immigration, tariffs, and the termination of diversity, equity, and inclusion (DEI) policies, among others, to quickly fulfill campaign promises and demonstrate policy achievements. Notably, the imposition of high tariffs on Canada, Mexico, and China...
1. Overview of Global Macroeconomic Conditions in 4Q24
2. Market Shares of Top 10 MLCC Suppliers in 4Q24
3. Production Capacity and Shipments of Top 10 MLCC Suppliers
4. BB Ratio
5. Inventory Levels of Top 10 MLCC Suppliers
6. Quarterly Shipments of Top 10 MLCC Suppliers
7. Supply-Demand Dynamics of MLCC Market in 1Q25
8. Price Trends of Different Categories of MLCCs in 2Q25
9. Annual MLCC Demand from Major Applications
10. Revenues of Top 10 MLCC Suppliers
Just as the Trump administration raises the banner of “Make America Great Again” and aggressively imposes tariffs on steel and various goods imported from other countries, global inflation appears to be subtly returning. Data released by the US Bureau of Labor Statistics on February 12th show that the CPI of the US for January unexpectedly rose by...
The Trump administration’s tariff policies are erratic and unpredictable. Just on February 1st, the White House announced tariffs effective February 4th: 25% on goods imported from Canada and Mexico, and an additional 10% on goods from China. However, after negotiations with the leaders of Canada and Mexico and securing commitments to improve border controls...
CapEx figures, production capacity figures, and inventory levels of MLCC suppliers are constantly being tracked and updated on a regular basis. TrendForce also provides analyses on the price trends and inventory statuses of production-related materials.
Recently, major international economic organizations have collectively voiced cautious optimism regarding global economic growth in 2025, projecting a YoY growth rate of between 2.7% and 3.3% for this year. The OECD projects that the GDP of the US will slow to a YoY growth of 2.4% for 2025. The Eurozone, struggling to recover, is expected to see only a 1.1% YoY increase in GDP. Meanwhile, China continues to grapple with deflation, with the YoY growth rate of its GDP projected to shrink further to...
Since the start of 2025, the global economic outlook has remained uncertain and unstable. Persistent geopolitical conflicts, escalating U.S.-China trade tensions, and ongoing tariff battles have all contributed to a more cautious approach to economic growth forecasts worldwide. The IMF recently issued a warning: although global inflation has eased somewhat and the world economy has not fallen into a recession, the risk of economic downturn is increasing...
As we enter 2025, global economic growth is decelerating, with geopolitical instability continuing unabated. The ongoing conflict between Ukraine and Russia, along with persistent tensions in the Middle East, has disrupted the Eurasian Red Sea shipping route, leading to increased logistics and time costs without any foreseeable solutions. On January 20th, the Trump administration is set to take office and is expected to issue a series of executive orders addressing trade, tariffs, immigration, and tax cuts. This is likely to reignite global tariff wars, raising concerns about a resurgence of currently subdued inflation...
On December 2nd, the US government announced its third wave of export control measures against the Chinese semiconductor industry. This includes adding 140 Chinese companies to the Entity List, extending the export control regime to cover 24 types of chip manufacturing equipment and three types of software...
The latest December decision from the US Federal Reserve announced a reduction in the benchmark interest rate by a quarter-point to the 4.25%-4.5% range. This marks the third rate cut since September of this year. However, facing potential tariff, tax, and immigration policies by President-elect Trump after assuming office in January next year, the economic outlook has become increasingly uncertain...
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