In Brief: WTO panel to examine Japan-Korea chip tiff

June 21, 2006

The World Trade Organization said this week it would seat a panel to look at the tariff dispute between South Korea and Japan involving DRAM memory chips.

The WTO's Dispute Settlement Board panel is a response to South Korea's objection to 27-percent countervailing duties imposed in January on imports of Korean-made DRAM (Dynamic Random Access Memories) products, which are commonly used in personal computers.

The South Korean government argues that the duties violated the 1994 General Agreement on Tariffs and Trade. Tokyo said the duties were a response to de facto government subsidies of the Korean DRAM industry and was confident they complied with WTO standards.

Copyright 2006 by United Press International

Explore further: Korean DRAM finds itself shut out of Japan

Related Stories

Korean DRAM finds itself shut out of Japan

January 27, 2006

Japan may claim that the countervailing duty it slaps against Korean DRAM chip maker Hynix from today is just a protest against unfair trade practices and to curb dumping, but there's a widespread belief that the country ...

Recommended for you

US ends bulk collection of phone data

November 30, 2015

The US government has halted its controversial program to collect vast troves of information from Americans' phone calls, a move prompted by the revelations of former intelligence analyst Edward Snowden.

How can people safely take control from a self-driving car?

November 30, 2015

New cars that can steer and brake themselves risk lulling people in the driver's seat into a false sense of security—and even to sleep. One way to keep people alert may be providing distractions that are now illegal.


Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.