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To: tommy parks who wrote (31748)	4/4/1998 7:03:00 PM
From: DJBEINO	Read Replies (1) \| Respond to of 53903

TAIWAN SRAM MAKERS TO APPEAL FOR US JUDICIAL REVIEW -------------------------------------------------------------------------------- Taipei, April 4 (CNA) Facing punitively high US anti-dumping tariffs, Taiwan's static random access memory (SRAM) chip makers on Saturday decided to appeal to the US Federal Court of International Trade, asking it to veto and suspend implementation of the ruling. The Board of Foreign Trade (BOFT) on Saturday assembled representatives from Winbond Electronics, United Microelectronics Corp. (UMC) -- the two major local SRAM chip makers facing the heaviest anti-dumping tariff rates -- and the Taiwan Electrical and Electronic Manufacturers Association (TEEMA), to discuss possible losses Taiwan companies may incur as a result of the dumping charges, and countermeasures to cope with another wave of dumping charges against Taiwan's dynamic random access memory (DRAM) chips which are likely to follow. BOFT Director-General Chen Jui-lung, who presided over the meeting, said Winbond, UMC and TEEMA decided to appeal to the Court of International Trade for a judicial review. Spokesmen from Winbond and UMC discounted the April 1 ruling announced by the US Federal International Trade Commission (ITC) that Taiwan-made SRAM chips have been sold in the United States at prices below fair market value. They said the epicenter of the problem derived from differences in the way of defining the position of dividends to which employees are entitled. While the US side thinks employee dividends are part of a company's production costs, Taiwan makers do not. Based on that theory, the US side, and one leading US semiconductor maker in particular, charged that Taiwan makers intentionally lower their production costs so as to enable them to market SRAM chips in the United States at lower prices. The Taiwan SRAM makers will appeal for a judicial review of the dumping charges and will testify at the Court of International Trade about the dividends issue, Chen said. Taiwan will also raise the SRAM and DRAM dumping issues in the next round of bilateral Taiwan-US economic consultations, he added. (By Deborah Kuo)