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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Dealer who wrote (6354)10/6/2000 10:00:13 PM
From: Dealer  Respond to of 65232
 
RMBS--Trade Panel to Investigate Hyundai Chip Sales
WASHINGTON (Reuters) - The U.S. government's International Trade Commission said on Friday it would investigate allegations that South Korea's Hyundai Electronics Industries Co. Ltd. (00660.KS) infringed on a U.S. rival's computer memory chip patents.

Santa Clara, Calif.-based Rambus Inc. (NasdaqNM:RMBS - news) has asked the commission to issue a permanent order barring Hyundai and its U.S. unit from selling certain synchronous dynamic random access memory chips, or SDRAMs, in the United States.

``By instituting this investigation, the ITC has not yet made any decision on the merits of the case,'' the commission said in a statement. Its review of the case will take several months, officials said.

Rambus holds more than 100 U.S. and foreign patents which it has licensed to over 30 semiconductor companies.

In August, Rambus was hit by two lawsuits filed by U.S.-based memory chipmaker Micron Technology Inc. (NYSE:MU - news) and Hyundai Electronics, alleging Rambus violated antitrust laws and rejecting Rambus's claims they owed it patent royalties.

Rambus -- fast on its way to becoming the world's most profitable computer chip franchise -- filed a counter-lawsuit in Germany and France against the two chipmakers.

Rambus -- which does not actually make its own memory chips -- has become a Wall Street darling since going public less than five years ago. Performance in personal computers has been hampered somewhat by memory chip performance, and Rambus's technology helps to relieve that bottleneck.