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Article #75

Commerce Dept FAX, why Simms skyrocketed.

#75
From: eyring
Date: Sat, 31 Oct 1992 20:40
72 lines
2986 bytes
Below is the text of the Commerce Department's
determination which resulted in the
recent price jump in simms.


Oct. 22, 92

United States Department of Commerce News
Washington, D.C. 20230

ITA 92-76

Contact: Mark A. Miner
	 (202) 482-3808

PRELIMINARY DETERMINATION:
KOREA DUMPS DYNAMIC RANDOM ACCESS MEMORY SEMICONDUCTORS IN U.S.


FOR IMMEDIATE RELEASE

The Commerce Department today announced its preliminary 
determination that dynamic random access memory semiconductors
(DRAMs) from the Republic of Korea are being sold in the United
States at less than fair value.  Commerce also announced the 
postponement of its final determination until not later than 135
days after the publication of the preliminary determination in
the Federal Register.

The products covered in this investigation are all DRAMs one
megabit and above, whether assembled or unassembled.  Assembled
DRAMs include all package types.  Unassembled DRAMs include
processed wafers, uncut die and cut die.  Porcessed wafers 
produced in Korea but packaged in a third country are included in
the investigation, however, wafers produced in a third country
and assembled or packaged in Korea are excluded.

The estimated, weighted-average dumping margin for the
Republic of Korea are:

	Goldstar Electron Co., Ltd.
		and Goldstar Electron America     52.41 percent

	Hyundia Electronics Co., Ltd.
		and Hyundai Electronics America    5.99 percent

	Samsung Electronics Co., Ltd.
		and Samsung Semiconductor, Inc.   87.40 percent
	
	All others                                61.88 percent

Antidumping duties are assessed on imports with an unfair
price advantage over comparable comestic products.  As a result
of the preliminary finding, U.S. Customs Service will require a
cash deposit or bond equal to the estimated weighted-average
dumping margin on DRAMs from the Republic of Korea.

The Commerce Department is expected to make its final
determination in March 1993.  If it is affirmative, the 
International Trade Commission (ITC) will have 45 days to
determine whether the imports materially injure, or threaten
injury to, the U.S. industry.

If the ITC's finding is affirmation, the Commerce Department
will issue an order instructiong the U.S. Customs Service to
collect antidumping duties.

This investigation began April 22 when the Department
received a petition from Micron Technology, Inc.

Imports of DRAMs from the Republic of Korea were valued at
$446 million in 1991.
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From: eyring@cc.utah.edu
Newsgroups: comp.sys.sun.hardware,misc.forsale.computers.d
Subject: Commerce Dept FAX, why Simms skyrocketed.
Message-ID: <1992Oct31.144034.1@cc.utah.edu>
Date: 31 Oct 92 20:40:34 GMT
Sender: news@fcom.cc.utah.edu
Organization: University of Utah Computer Center
Lines: 72