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Technology Stocks : Micron Only Forum
MU 218.83-2.2%10:03 AM EST

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To: Fabeyes who wrote (40314)10/24/1998 12:22:00 PM
From: DJBEINO  Read Replies (1) of 53903
 
Taiwan's DRAM makers accused of dumping in US: report

TAIPEI, Oct 24 (AFP) - Micron Technology, the largest US semiconductor manufacturer, accused nine Taiwanese companies of dumping direct random access memory (DRAM) chips on the US market, a news report said Saturday.

Micron filed a petition on Thursday with the US Department of Commerce and International Trade Commission (ITC), asking the US government to levy anti-dumping taxes on Taiwan-manufactured DRAM chips, Economic Daily News reported.

Micron alleged the nine companies were selling DRAM chips in the United States at prices lower than the manufacturing cost.

The alleged companies which cover almost all major semiconductor manufacturers in Taiwan, are Vanguard International Semiconductor Corporation, Mosel Vitelic Inc, Nan Ya Technology Co., Winbound Electronic Corp., Acer Semiconductor Manufacturing, United Microelectronic Corp., Taiwan Semiconductor Manufacturing, Macronix International, and Powerchips Semiconductor.

Taiwan exported 110 millions DRAM chips, worth of 420 millions US dollars to the United States last year.

ITC will start its investigation within the next 20 days and give its initial ruling on November 12.

The Taiwanese companies had decided on Friday to take joint actions to fight the charges, the newspaper said.

Vice Economic Minister Lin Yi-fu said the government will express Taiwan's stance on this matter to the United States and will make sure the case will be dealt with fairly, the paper said.
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