Thursday, April 3, 2003
To get around the
heavy import duties, Hynix is reportedly seeking alliance with Taiwanese
motherboard makers to bundle DRAM with motherboards for sale directly from
Taiwan to the US and Europe.
Hynix on Tuesday was
slapped with a 57.37% import tariffs on chips to the US for receiving illegal
funding from the Korean government. The preliminary ruling by the US Commerce
Department has prompted Hynix to seek ways to minimize the impact of the
tariff.
Besides possible
cooperation in Taiwan, EBN on Wednesday quoted Farhad Tabrizi, vice
president of worldwide memory marketing for Hynix, as saying that the company
was planning to "drop-ship" DRAM made in Korea to US customer plants in the
Asia-Pacific and other areas outside the US that are not affected by the
tariff.
Hynix ships 20% of
its total DRAM volume to the US, of which the Eugene fab contributes 15%, Dow
Jones reported. The Korean DRAM maker is currently also facing a possible
decision by the European Union (EU) to impose tariffs of up to 35% on its memory
chip exports to Europe.
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