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Race to Expand: Domestic MLCC Release Film Makers Push for Import Substitution

Bubble signal: 0 · NeutralRelevance 30OtherChina
Source: 36Kr · Published 2026-08-25

Summary

Release film is an essential consumable for MLCC (multi-layer ceramic capacitors), and China has long relied on imports for high-end release film. With the rapid development of downstream industries like AI servers, MLCC demand is growing, driving upstream release film demand, and domestic manufacturers are accelerating expansion and import substitution.

Bubble analysis

This news mainly concerns import substitution and capacity expansion in MLCC release film, an indirect upstream of the AI supply chain, with weak direct relevance to the AI investment bubble. Although AI server demand boosts MLCC demand, no specific investment or valuation figures are provided, limiting its reference value for bubble assessment.

#china#ai-server#mlcc#release-film
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