Japan to ease punitive tariffs on S Korea's chip maker Hynix
Technology ( 1 )
TOKYO —
Japan will ease punitive tariffs slapped over the last two years on computer chips made by Hynix Semiconductor Inc of South Korea following a recommendation by the World Trade Organization, government officials said Friday.
Japan will cut its 27.2% countervailing duty on imports of Hynix dynamic random access memory, or DRAM, chips to 9.1% on Sept 1, the officials said.
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It is to be called the "Takeshima Integrrated Tariff Surcharge" reduction. T.I.T.S.
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