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To: patim who wrote (4811)	4/12/1999 10:46:00 AM
From: DJBEINO	Read Replies (1) \| Respond to of 9582

Taiwan makers allege U.S. exporters dump DRAM TAIPEI, April 12 (Reuters) - Taiwan microchip makers accused their U.S. rivals on Monday of dumping memory chips in Taiwan -- countering Micron Technology Inc's (NYSE:MU - news) U.S. anti-dumping complaint with local complaint of their own. The Taiwan Semiconductor Industry Association, representing the island's makers of or dynamic random-access memory, or DRAM, said the anti-dumping petition filed in Taiwan targetted Micron and all other U.S. DRAM manufacturers. Taiwan's International Trade Commission was expected to launch an inquiry immediately, the association said. The microchip group said unfair competition from the United States threatened local makers' survival. ''The local DRAM selling price has plunged by as much as 10 fold on some of the products in the past year and some local producers were even forced to phase out from the DRAM market or put off expansion plans,'' it said. ''Evidence shows that the dumped prices of the products from the United States manufacturers, which are obviously the market price leader, are contributing to the material injury suffered by the local industry,'' it said. The association said Taiwan accounts for 14 percent of world DRAM consumption. It urged Taiwan's government to levy unspecified punitive anti-dumping duties on U.S. DRAM exports. ''At this critical point in time...(the government should) take timely actions to desist the unfair trade practice of foreign producers, so as to maintain the market competition and the interest of the local industry,'' it said. In December, the U.S. International Trade Commission said a preliminary inquiry into a complaint from Micron had found ''reasonable indications'' that U.S. makers were being injured by Taiwan-made DRAM and ordered a thorough probe. The U.S. commission's decision meant that the investigation into the dumping allegations probably would continue until or July or August. biz.yahoo.com