Kemet alleges AVX infringement, CEO quits.Greenville, SC -- Kemet Corp. has filed a lawsuit against AVX AVX Adult Video XXX AVX Avid Visual Extensions AVX anti Virus Expert Corp. to protect trade secrets relating to the development and manufacture of tantalum tantalum (tăn`tələm) [from Tantalus], metallic chemical element; symbol Ta; at. no. 73; at. wt. 180.9479; m.p. 2,996°C;; b.p. 5,400±100°C;; sp. gr. 16.65 at 20°C;; valence +2, +3, +4, or +5. polymer capacitors. Kemet seeks damages and an injunction. Separately, Jeffrey A. Graves resigned Jan. 26 as Kemet's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . No reason was made public but the company has faced declining revenues and inventory problems. In the lawsuit, filed in South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15. court, Kemet (kemet.com) alleges that AVX (avx.com) had access to trade secrets after hiring a scientist from Kemet's technology group. The suit alleges that through this scientist, AVX learned certain trade secrets related to tantalum polymer capacitor manufacturing. AVX has since introduced similar products, Kemet said. Edited by Mike Buetow |
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