NEC Tokin will plead guilty, pay $13.8 million for fixing capacitor prices

Tokyo-based NEC Tokin Corp. will plead guilty and pay a $13.8 million criminal fine for allegedly conspiring with competitors between 2002 and 2013 to fix prices for electrolytic capacitors, the Justice Department announced on Sept. 2. These devices store and regulate electrical current in various products, including computers, televisions, car