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To: DJBEINO who wrote (28435)	2/15/1998 7:23:00 PM
From: DJBEINO	Respond to of 53903

Korean SRAM Makers Face Anti-Dumping Duties in US 02/15 18:07 The chances of Korean semiconductor makers being faced with anti-dumping duties on their static random access memory (SRAM) chips has become very high with the U.S. Department of Commerce on Feb. 13 announcing its ruling. In a statement, the department said its investigation of the Korean SRAM chips have resulted in final margins of 1 percent for Samsung Electronics, 5.08 for Hyundai Electronics Industries and 55.36 for LG Semicon. The anti-dumping investigations were initiated following a complaint from Micron Technology and only Samsung managed to escape the minimum margin of less than 2 percent, the Ministry of Trade, Industry and Energy said yesterday. The final determinations of the Department of Commerce now goes to the International Trade Commission which has another 45 days to make a final ruling based on which the anti-dumping duties will be imposed. ''While the final ruling has yet to be made, the announcement from the Department of Commerce has considerably increased the possibility the final margins will be levied on HEI and LG,'' one ministry official said. However, he said, Korea's export of SRAMs to the United States in the first 11 months of last year was $208 million and Samsung accounted for $203 million meaning the impact of the anti-dumping margin will be minimal. While the impact is small, the anti-dumping investigations are once again highlighting Washington's practice of protecting its producers with a system that it hotly disputed by international trading partners. Korea has already taken the United States to the World Trade Organization for its reluctance to take HEI and LG off its list of companies facing anti-dumping investigations despite the fact the two companies had been hit with levies of less than 1 percent for three consecutive years. The two countries have failed to reach a compromise in bilateral consultations and Korea is currently asking the WTO to set up a panel under the dispute settlement body to come up with a ruling.