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To: TREND1 who wrote (31705)	4/2/1998 10:07:00 PM
From: Chas	Read Replies (1) \| Respond to of 53903

Larry, Not to beat a dead horse, but looking for additional information, this additional article discusses a bit more in depth about the dram dumping DOC error,etc, and I thought since this post is dead tonight I might as well post it for all to read or skip over. I put in italics the areas I thought were interesting. Good trading. ------ 04-03-98 LG, Hyundai Freed from SRAM Dumping Charges By Yu Kun-ha Staff reporter LG Semicon and Hyundai Electronics Industries have been cleared on charges of dumping their static random access memory (SRAM) chips on the U.S. market. The U.S. International Trade Commission (ITC) ruled Wednesday that SRAM exports from the two chip producers pose no threat to the American chip industry. The commission, however, decided that SRAM imports from Taiwan had damaged U.S. manufacturers. The ITC decision will effectively ban Taiwanese SRAM shipments to the United States because the antidumping duties to be imposed on them are prohibitively high. As a result, SRAM shipments from Korea, especially Samsung Electronics _ by far the largest SRAM exporter _ are expected to increase. Samsung Electronics was excluded from a U.S. government antidumping investigation of its SRAM shipments last year. The Korean chip trio exported a total of $590 million worth of SRAMs to the United States last year, with Samsung accounting for the lion's share, while shipments from Taiwan totaled $132 million. LG and Hyundai officials welcomed the ITC ruling, but not because it helps boost their small SRAM shipments. They said they weren't interested in increasing SRAM exports to the United States. The ITC decision was good news, they said, because of its favorable impact upon the U.S. Commerce Dept.'s ongoing dumping investigation into their dynamic random access memory (DRAM) exports. Last month, the Commerce Dept. imposed preliminary dumping duties of 12.64 percent and 7.61 percent for DRAM shipments of Hyundai and LG, respectively. The department, however, recently admitted to an error in its calculation of preliminary dumping duties against Hyundai. According to Hyundai officials, the Commerce Dept. sent it a letter conceding the error _ an unusual step for the department. The preliminary dumping duties will be adjusted in the Commerce Dept.'s final assessment to be made in July. But Hyundai had asked the agency for an earlier concession of its error, because of the damage the mistaken preliminary penalty had done to the company's stock and customers. The error involved a Commerce computer operator entering the wrong data when calculating Hyundai's production costs of DRAMs, according to Hyundai officials. ''We are confident that the Commerce Dept.'s final decision will absolve Hyundai of all dumping charges, since the ITC ruling on the SRAM case did just that,'' a Hyundai official said. Meanwhile, the penalties to be imposed on Taiwanese suppliers are 102.88 percent for Winbond Electronics, 93.78 percent for United Microelectronics Corp. and 113.85 percent for three other firms _ TI-Acer, Advanced Microelectronics and Best Integrated Technology. In addition, two fabless American chip producers which use foundries in Taiwan also have to pay dumping penalties. The rates are 50.58 percent for Alliance Semiconductor and 7.59 percent for ISSI, according to the ITC.