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To: DJBEINO who wrote (7732)	6/15/2000 1:35:00 AM
From: DJBEINO	Respond to of 9582

Taiwan's chip industry reacts favorably to U.S. SRAM dumping ruling By Faith Hung Electronic Buyers' News (06/14/00, 06:23:14 PM EDT) HSINCHU, Taiwan -- In their second victory over Micron Technology Inc. in seven months, Taiwan's chip makers welcomed a U.S. International Trade Commission decision that determined the island's SRAM imports to the United States did not harm the U.S. chip industry. The ITC ruled this week that U.S. companies were "not materially injured or threatened with material injury by reason of imports of static random access memory semiconductors from Taiwan." The ruling was the second victory by Taiwan since last November, when the ITC similarly determined that the island's DRAM imports into the U.S. did not threaten companies there. Both complaints were filed by Boise, Idaho-based Micron, which was not available for comment. "This [ruling] marks a historic victory for us," said Rachel Huang, director of the Taiwan Semiconductor Industry Association, which represents Taiwan's chip companies. A spokesman at Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) also applauded the move of the ITC. "It would have a positive impact on Taiwan's exports to the U.S.," he said. The decision allows the island's SRAM makers to stop paying duties on shipments to the United States and to reclaim deposits they have been required to place into an account since February 1998 in case the companies were found to have dumped components. The TSIA did not have an immediate estimate of how much the deposits represented, Huang said. In February 1998, the U.S. Commerce Department proposed to impose punitive tariffs as high as 113.85% on SRAM delivered by companies such as TSMC, Winbond Electronics and United Microelectronics Corp. (UMC), according to TSIA. The ITC ruling reflects pricing stability in the SRAM market, suggesting increasing profits for Micron and others in the United States, analysts said. SRAM prices have jumped to around $6 apiece thanks to rising demand, compared with $3.30 in January 1999, they said. Taiwan owns a tiny share of the SRAM market, Huang said, slipping from a high of 2% in 1996. The ITC's remand determination will be delivered to the Court of International Trade by June 26, according to the ITC. semibiznews.com