The European Commission ratified last week higher import tariffs on DRAM produced by Hynix and now all memory chips from the surviving South Korea semiconductor company that are imported in any of 15 countries of the European Union will be charged by additional 33% taxes.

The EU Commission found that Hynix Semiconductor had received illegal subsidies from its creditors that were controlled by the Korean government as well as other kinds of financial aid. Now all the products from the memory maker will be extra-charged by 33%. The duty will be provisional and need confirmation from a majority of EU states within four months, according to Reuters. Basically speaking, Hynix Semiconductor nearly losses the European market after the tariffs are imposed since the company cannot slash the prices by 33% and no one will buy its DRAM products for 33% higher price.

Higher import provisional countervailing duties on Hynix’s products imported into European memory market received a warm welcome from the Germany-based DRAM vendor Infineon, who actually asked the EU commission to investigate on the matter last year accusing Hynix of benefiting from such benefits for export losses, syndicated and other loans, state guaranteed export credits, debt rollovers and a debt-for-equity swap.

Hynix Semiconductor continues to proclaim its innocence in receiving illegal financial aid and will try to reject the decision.