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Technology Stocks : Alliance Semiconductor
ALSC 0.8100.0%Jul 10 5:00 PM EST

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To: michael i olson who wrote (2681)3/3/1998 9:09:00 PM
From: DJBEINO  Read Replies (1) of 9582
 
REVIEW OF ANTIDUMPING DUTY ORDER ON DYNAMIC RANDOM ACCESS MEMORY SEMICONDUCTORS FROM THE REPUBLIC OF KOREA

BACKGROUND. On June 19, 1997, the Department initiated the fourth administrative review of the antidumping order on dynamic random access memory semiconductors (DRAMs) of 1 megabit and above from Korea. The review covers the period from May 1, 1996, to April 30, 1997, and the following two manufacturers/exporters: LG Semicon. Co. Ltd and Hyundai Electronics Industries Co. Ltd. The review also covers four third-country resellers of Korean DRAMs: Techgrow Ltd. (Hong Kong); Singapore Resources (Pte) Ltd.; NIE Electronics (M) Sdn. Bhd. (Malaysia); and Vitel Electronics Ottawa Office (Canada). The Department announced its preliminary results on March 3, 1998.

PRELIMINARY RESULTS:

Respondent Preliminary Margin (percent)

Korea

LG Semicon. Co. Ltd 7.61

Hyundai Electronics Industries Co. Ltd. 12.64

Third-Country Resellers*

Techgrow Ltd. (Hong Kong) 12.64

Vitel Electronics Ottawa Office (Canada) 12.64

* Singapore Resources and NIE Electronics stated that they made no sales of the subject merchandise to the United States during the period of review.

CASE CALENDER:

Preliminary Results March 3, 1997

Final Results Approximately 120 days

IMPORT STATISTICS: (Source: U.S. Customs)

Over $425 million reported U.S. sales

$1,366 billion (entered value) from the Republic of Korea (This includes companies that were not included in the review).
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