Kemet and TTI partner on capacitor launch
News & Analysis 10/23/2001 Post a comment
When Kemet Electronics Corp. prepared to launch AO-CAP, a new aluminum polymer surface-mount capacitor, the supplier called TTI Inc. to offer the passives distribution specialist an exclusive one-year franchise agreement in return for its help.
Kemet meets expectations for earnings
News & Analysis 10/22/2001 Post a comment
Kemet Corp. reported sales of $120.6 million for its fiscal second 2002 quarter ended September 30, down 67% from $364.0 million in the year-ago quarter, and down sequentially 21% from $152.7 million in the previous quarter ended June 30.
AVX to close manufacturing facility
News & Analysis 10/10/2001 Post a comment
Passive component maker AVX Corp., Myrtle Beach, S.C., reported that net sales were $305.5 million in the second quarter ended September 30, and that adjusted net income (before restructuring and special charges) was $3.7 million, or 2 cents per diluted share.