U.S. recommends dumping duties on Taiwan SRAMs
Source: biz.yahoo.com
TAIPEI, Feb 15 (Reuters) - The U.S. Department of Commerce has recommended imposing punitive duties on Taiwan firms charged with dumping a memory chip called static random access memory (SRAM) in the U.S. market, local media reported on Sunday from Washington.
Among the SRAM makers to be hit with penalties were Taiwan's top two semiconductor makers -- Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM - news; 2330.TW) (2330.TW) and United Micro Electronics Corp (2303.TW) -- and another chip giant, Winbond Electronics Corp (2344.TW), the state-run Central News Agency said.
TI-Acer, a joint venture between Acer Inc (2306.TW) and Texas Instruments Inc (TXN - news), also would be penalised.
According to the recommendation, TI-Acer would face a dumping duty of 113.85 percent. Winbond would be assessed at 102.88 percent, United Micro 93.87 percent and Taiwan Semiconductor 41.98 percent, the report said.
Local newspapers also widely reported the same details on the case.
Several unlisted firms also were named in the recommendation.
The case now goes before the U.S. International Trade Commission, which is expected to make a final decision by March 30, the agency and newspapers reported.
In April 1997, the commission said it found there was a ''reasonable'' indication that U.S. industry was hurt by the imports of SRAMs at what U.S. manufacturer Micron Technology Inc (MU - news) had alleged was less than fair value. |
