Elpida Memory, Japanese largest DRAM maker, is about to ask the Japanese government to propose higher tariffs on DRAM from Hynix Semiconductor supplied to
Earlier this year both the
The EU Commission and the US Department of Commerce found Hynix Semiconductor guilty of receiving illegal subsidies from its creditors that were controlled by the Korean government as well as numerous other kinds of financial aid, such as, syndicated and other loans, state guaranteed export credits, debt rollovers and a debt-for-equity swap.
Elpida Memory and some other Japanese semiconductor firms also accused Hynix Semiconductor of getting illegal financial help from the Korean government and are planning to ask Japanese government to investigate on the matter. When the application to the government is submitted, the latter would commence an investigation on the matter. In case the research proves Hynix guilt, the Korean DRAM firm may face countervailing duties between 20% and 40% starting from July.
To fight for its rights, South Korea-based Hynix Semiconductor filed a lawsuit against a 34.8% import tariff slapped by the European Union Commissions in November. In case the Court of First Instance rules against the tariffs, the company will be paid the duties it has already paid back.
Hynix is a very tough rival for Elpida and some other memory makers. The Korean DRAM producer is now concentrated on Asian markets, including