by Anton Shilov
10/23/2005 | 03:50 PM
After months of considerations the Japanese government has decided to impose punitive tariffs on dynamic random access memory (DRAM) imported by Hynix Semiconductor into the country. According to local press, the punitive tariffs may be as high as 27.2%.
The government said on Friday it has notified
The decision to slap punitive tariffs on Hynix’ DRAMs was inspired by Japan-based memory maker Elpida Memory, which followed Boise, Idaho-based Micron and Munich, Germany-based Infineon with accusations of Hynix of receiving illegal financial aid from the government.
Earlier the EU Commission and the US Department of Commerce found Hynix Semiconductor guilty of getting illegitimate financial support from its creditors that were said to be controlled by the Korean government as well as numerous other kinds of financial assist.
In the first half of 2003 the
The World Trade Organization initiated the investigation of the legality of countervailing duties imposed by the