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A Capasitor (the purposely misspelling of Capacitor) is a faulty [electrolytic capacitor] that fails in a short period of time (1-3years). Most Capasitors are the result of incorrect [electrolyte] formulation in aluminum electrolytic capacitors. Its rumored the "S" in Capasitor is from "Shitty" and like the wrong formula was simply stuck in there . A [electrolytic Capacitor] that explodes instantly from being installed backwards is not a Capasitor, as that is a install error and not a component manufacturing problem. The Capasitor plague was a period between 1999 and 2007 when Capasitors were killing in a large number of products.
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