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To: Chas who wrote (36148)7/10/1998 11:42:00 PM
From: DJBEINO  Respond to of 53903
 
So. Korean Govt. Will Bar Chaebol Export Financing
(11:20 a.m. EDT, 7/10/98)

By Jack Robertson

Trying to head off foreign protests, especially from the U.S., the South Korean government last week decided to bar any export financing assistance to the largest chaebols. The government will go ahead with a multiyear $4 billion export promotion program with small and medium size firms --- but that isn't expected to stir up much international criticism. The U.S. Semiconductor Industry Association and Micron Technology Inc. have been especially vocal against any further government financing to help the big Korean chip makers out of their money troubles.

pubs.cmpnet.com
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EECA Renews Dumping Query
(11:25 a.m. EDT, 7/10/98)

By Jack Robertson

The European Electronic Components Association (EECA) last week formally asked the European Commission to investigate whether South Korean chip makers had been dumping DRAMs last year. EECA had conducted its own study and concluded there were sufficient grounds to launch a dumping complaint with the EC. The new dumping action comes less than a year after the EC ended an earlier DRAM dumping case against the Koreans and a separate DRAM case against Japan.

pubs.cmpnet.com