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

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To: Norrin Radd who wrote (4965)6/5/1999 4:53:00 AM
From: DJBEINO  Read Replies (1) of 9582
 
U.S. will increase tariffs on Korean DRAM

Jun 04, 1999 - Antidumping tariffs imposed by the United States on Korean dynamic random access memory semiconductor chips will be increased under a preliminary decision by the U.S. Department of Commerce.

The department has decided to impose a 13.11% tariff on Hyundai Electronics Industries?DRAM chips and a 10.67% rate on LG Semcon's DRAM. The Department will make a final decision on rates in the second half of this year.

Korean chip makers had been subject to U.S. antidumping tariffs ranging from 3.95% to 9.04% since 1998

The United States imported US$1.92 billion worth of DRAM chips from Korea last year, up from US$1.79 billion in 1997.

++++++++++++++++++++++++=
Dynamic Random Access Memory Semiconductors
of One Megabit or Above (DRAMs) from the Republic of Korea

On June 2, 1999, the Department of Commerce announced its preliminary determination in the antidumping duty administrative review of DRAMs from the Republic of Korea.

Petitioner:
Micron Technology, Inc.

Case Calendar:
ITA Preliminary Determination: June 2, 1999

ITA Final Determination: October 4, 1999

The Department will publish a notice of the final results of this administrative review, which will include the results of its analysis of the issues raised in any written comments or at the hearing, within 120 days from the publication of these preliminary results.

Preliminary Margins:

Exporter Manufacturer Weighted-Average
Margin Percentage
The G5 Corporation 13.11
Hyundai Electronic Industries, Inc. 13.11
LG Semicon, Ltd. 10.67

Period of Review:

May 1, 1997 to April 30, 1998

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