NEC TOKIN Reaches Class Action Settlement for Capacitor Purchases

Greenville, S.C. – KEMET Corporation (NYSE: KEM) (“KEMET”), a leading global supplier of electronic components, today announced that NEC TOKIN Corporation, a joint venture between KEMET Electronics Corporation and NEC Corporation, reached a preliminary settlement with plaintiffs in two related U.S. antitrust class action suits. “A significant hurdle to our acquisition of NEC TOKIN has been cleared,” stated…