Hynix Got Countervailable DRAM Subsidies: DOC

Law360, New York (August 4, 2009, 6:37 PM EDT) -- The International Trade Administration of the U.S. Department of Commerce said Tuesday it had preliminarily determined that Hynix Semiconductor Inc. received countervailable subsidies in the dynamic random access memory semiconductor market.

In the Federal Register, the International Trade Administration said Hynix received countervailable subsidies in 2007 that result in a de minimis subsidy rate.

The agency is in the midst of its administrative review, which was prompted by a 2008 request from Micron Technology Inc.

The investigation by the DOC found that, among other things, the...
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