Nichicon Corporation (ニチコン株式会社, Nichikon Kabushiki-gaisha) is a manufacturer of capacitors of various types, and is one of the largest manufacturers of capacitors in the world,[citation needed] headquartered in Karasuma Oike, Nakagyō-ku, Kyoto, Japan. In 1950, it separated from the Nii Works Co., established itself as Kansai-Nii Works and completed its first factory by 1956. In 1961, it adopted the Nichicon name and has been using it, or a variant thereof, ever since.

Nichicon Corporation
Native name
ニチコン株式会社
Company typePublic KK
TYO: 6996
OSE: 6996
IndustryElectronics
Founded(August 1, 1950; 74 years ago (1950-08-01))
HeadquartersNakagyo-ku, Kyoto 604-0845, Japan
Key people
Ippei Takeda
(Chairman and CEO)
Shigeo Yoshida
(President and COO)
Products
RevenueIncrease JPY 107.2 billion (FY 2014) (US$ 893.3 million) (FY 2014)
Decrease JPY 2.25 billion (FY 2014) (US$ 18.7 million) (FY 2014)
Number of employees
5,792 (consolidated, as of March 31, 2014)
WebsiteOfficial website
Footnotes / references
[1][2]

In 2011 and 2012 Nichicon spun off several major factories into independent subsidiaries, and established representative branches in foreign countries, thus realigning its corporate infrastructure.[3]

Early 2000s capacitor issues

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From 2001 to 2004, Nichicon produced defective capacitors ("HM" and "HN" series) that were used by major computer manufacturers, including Dell, Hewlett-Packard, and Apple.[4][5] No explanation has been given for the production runs of defective capacitors, but some sources claimed that these capacitors were either overfilled with electrolyte,[4] or were constructed using electrolyte that was prone to leaking, causing premature failure in any equipment using them.[citation needed] This issue was not related to the Taiwanese capacitor plague.[4]

In 2010 Dell settled a civil lawsuit concerning its shipment of at least 11.8 million computers from May 2003 to July 2005 that used faulty Nichicon components and were prone to major failure.[6][7]

References

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  1. ^ "Company Profile". Nichicon. Retrieved September 23, 2021.
  2. ^ "Company Financials". Bloomberg Businessweek. Retrieved September 23, 2021.
  3. ^ "Corporate History". Nichicon. Retrieved September 23, 2021.
  4. ^ a b c Singer, Michael (November 10, 2005). "PCs plagued by bad capacitors". CNET. Retrieved September 23, 2021.
  5. ^ Menchaca, Lionel (July 1, 2010). "Dell on the Nichicon Capacitor Issue". blog.dell.com. Retrieved September 23, 2021.
  6. ^ Ashlee Vance (June 28, 2010). "Suit Over Faulty Computers Highlights Dell's Decline". The New York Times. Retrieved June 12, 2015.
  7. ^ "Dell Settles Capacitor Lawsuit". LegalZoom. Archived from the original on January 25, 2013.
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