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Technology Stocks : Micron Only Forum
MU 344.97+5.5%Jan 9 9:30 AM EST

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To: Jeff Leader who wrote (51179)4/21/2000 9:10:00 AM
From: DJBEINO  Read Replies (1) of 53903
 
Micron's dumping charge against Taiwan-made SRAM fails

Taipei, April 20, 2000 (CENS)--The U.S. Court of International Trade, for the second time, has decided not to uphold the dumping charge filed by Micron Technology of the U.S. against SRAM (static random access memory) imported from Taiwan.

Micron filed charges with the U.S. Department of Commerce in February 1997, accusing SRAM manufacturers in Taiwan and South Korea of dumping in the U.S. In February 1998 the Department of Commerce imposed antidumping tariffs of between 7.59% and 113.85% on Taiwan-made SRAM. The antidumping tax came into force immediately, following the U.S. International Trade Commission (ITC) decision in April 1998 that Taiwan-made SRAM had hurt the American industry.

Taiwanese SRAM manufacturers involved in the case appealed to the U.S. Court of International Trade against the dumping charge in May 1998, and gained an initial victory in July l999, as the court returned the case to the ITC for re-examination. The ITC upheld its original decision in August last year.

The Taiwanese manufacturers made a second appeal, and again it was returned to the ITC for judgement. The ITC's decision is expected at the end of May.

The Taiwan Semiconductor Industry Association (TSIA) is satisfied at the result of domestic SRAM makers' persevering in their struggle for their due rights. The TSIA is willing to share the experience with other domestic manufacturing industries and the government agencies concerned to help domestic manufacturers compete in the international market.
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