[Asia Economy Reporter Kim Heung-soon] On the 28th, Samsung Electro-Mechanics stated in its Q2 earnings conference call that "In the second half of this year, demand for MLCC (Multilayer Ceramic Capacitors) for IT applications is expected to continue due to the increased adoption of 5G smartphones and the launch of customer sets, and demand for automotive electronics is also expected to increase with the recovery of automobile demand." The company added, "We plan to timely respond to the increased demand by expanding our lineup and enhancing production capacity."
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