Hynix Received Subsidies In DRAM Market: DOC

Law360, New York (November 20, 2009, 3:30 PM EST) -- The International Trade Administration has found that Hynix Semiconductor Inc. received countervailable subsidies in the dynamic random access memory semiconductor market in 2007.

The ITA issued a final determination that Hynix accepted the subsidies from January 2007 through December 2007, which resulted in a de minimis subsidy rate, and held that the total estimated net countervailable subsidy rate for the company during that period is 0.06 percent ad valorem, according to a Federal Register notice on Friday.

The agency said it would tell U.S. Customs and...
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