| Suntron Sues Applied Materials |
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| Written by Mike Buetow | |||
| Monday, 21 March 2005 12:20 | |||
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PHOENIX -- Suntron Corp. is using Applied Materials, claiming unfair business practices on the part of the maker of semiconductor gear. Suntron seeks over $20 million in damages. In the suit, Suntron claims it spent millions of dollars on raw materials and other inventory-related costs as result of false promises of business from Applied Materials. The suit alleges a other unlawful acts and unfair business practices as well. Suntron
provided more than 7,000 different finished products to Applied
Materials, Suntron said in a press statement. The lawsuit claims that
Suntron has been left with more than $18 million
worth of unused and obsolete inventory.
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