Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (50435)	1/27/2000 11:16:00 AM
From: yousef hashmi	Respond to of 53903

-- DJ S Korea Upset US Maintains Anti-dumping Duties On DRAMs -- BRUSSELS (Dow Jones)--A South Korean government official Thursday said Korea is frustrated that the U.S. has kept anti-dumping duties against two South Korean semiconductor companies. Chong-Ghee Ahn, a South Korean diplomat in Geneva, said Korea hasn't decided its next step in the dispute, but Korea is upset that the U.S. hasn't lifted the duties against Hyundai Electronics Industries Co. (Q.HEL) and LG Semicon, a former LG Group (Q.LGG) affiliate that merged with Hyundai Electronics. The U.S. imposed the anti-dumping duties following a complaint by Micron Technology Inc. (MU) of Boise, Idaho, that the Korean companies were importing dynamic random access memory chips, or DRAMs, of one megabit and above into the U.S. and selling them below fair value. The World Trade Organization's Dispute Settlement Body Thursday considered whether the U.S. has implemented a WTO ruling that U.S. Commerce Department regulations didn't comply with international trade rules. A WTO official said the body didn't reach a decision, and the issue will automatically be reviewed at the body's next meeting on Feb. 24. Further legal steps by South Korea will depend upon the outcome of that meeting. "The U.S. believes that Korea is likely to dump in the future, so they've kept the duties in place," Ahn said. "We're not happy with the results and we don't think that they have put the measures into conformity (with WTO rules)." A U.S. official wasn't immediately available to comment. -By Matthew Newman;322-285-0133; matthew.newman@dowjones.com (END) DOW JONES NEWS 01-27-00 10:36 AM- - 10 36 AM EST 01-27-00 Symbols: US;MU KR;66 KR;1176 KR;355 US;MUZ Source DJ - Dow Jones Categories: I/CGL I/SEM SUB/DJN N/DJN SUB/DJWI N/DJWI SUB/EEC N/EEC SUB/HIY N/HIY SUB/NJR N/NJR SUB/PBP N/PBP SUB/TRD N/TRD SUB/WEI N/WEI M/CGL M/NND M/TEC P/DAA P/DCO P/DEE P/DSE GEO/ASI R/ASI GEO/ECU R/ECU GEO/EU R/EU GEO/FE R/FE GEO/IDA R/IDA GEO/NME R/NME GEO/PRM R/PRM GEO/KR R/KR GEO/US R/US GEO/USW R/USW