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Hitachi Metals claims China-based companies stole its trade secrets

Hitachi Metals has filed a complaint with the US International Trade Commission against China-based companies it alleges stole trade secrets for manufacturing ribbons made of a special alloy.

The complaint, filed by Hitachi and its US subsidiary Metglas, requests the commission investigate the companies in question, ban imports to the US of related products and issue a cease and desist order barring sale, marketing and distribution of products already in the US.

The product at the centre of the allegations is amorphous metal ribbon, or AMR – thin ribbons of a special alloy produced using trade secrets. Amorphous metal is commonly used in electronic transformers and magnetic theft-prevention tags.

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