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To: phbolton who wrote (39746)	10/8/1998 10:58:00 PM
From: DJBEINO	Respond to of 53903

European Union won't probe alleged DRAM dumping by Koreans By Jack Robertson WASHINGTON--The European Union has decided against launching a DRAM dumping case against Korean chip makers, industry officials in Seoul confirmed today. The Korean Semiconductor Industry Association said the EU rejected the dumping petition filed by the European Electronic Components Manufacturers Association (EECA) because it didn't include Japanese DRAM makers as well. The Koreans said the EU feared a DRAM dumping investigation against Korean suppliers only could subject the Europeans to World Trade Organization action that they were discriminatory because Japan wasn't also included. As previously reported, EECA early this year did its own analysis of Korean DRAM pricing and concluded chip makers there were dumping memory chips in the European market last year. EECA turned its data over to the EU hoping to trigger a dumping investigations specifically against Samsung Electronics, Hyundai Electronics Industries and LG Semicon. The EU did tell ECCA that the group could refile a DRAM dumping case if Japanese suppliers were included along with the Koreans. Eckhard Runge, executive director of EECA, was out of his office in Brussels and could not be reached for comment today. While the EU turned back the DRAM dumping case against Korea, the United States last month did levy a final 9.28% dumping penalty tariff against LG and a 3.9% duty against Hyundai. Both firms have appealed to the U.S. Court of International Trade to overturn the penalty tariffs, but in the meantime must pay the duty on all imported DRAMs. An LG spokesman in Seoul said the firm is continuing to ship DRAMs to the U.S. but is absorbing the extra duty cost itself to avoid having to reflect the higher tariff in its U.S. prices. Hyundai can avoid penalty duties on all DRAMs made at its new U.S. plant in Eugene, Ore., now ramping up to full production. semibiznews.com