U.S. chip manufacturers react angrily to falling share of Japanese market
Article Abstract:
The US semiconductor industry and the Clinton administration reacted with anger to the news that US chip makers' market presence has fallen in Japan. Japan's Ministry of International Trade and Industry has revealed that foreigners' share of the Japanese semiconductor market has decreased to 19.2 percent in the second quarter, from 19.6 percent in the first period and 20.2 percent in the 4th qtr of 1992. Japan blames the decrease in foreign market share on the recession. US Trade Representative Mickey Kantor believes that foreign share of the Japanese market will average a minimum of 20 percent over the fourth quarter 1993. Threats of trade sanctions from former US Trade Representative Carla Hill have had some positive effects.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1993
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Korean computer chip makers receive light duties in U.S. dumping ruling
Article Abstract:
The US Commerce Dept opts for surprisingly small duties of 0.74 percent to 7.19 percent on imports of computer chips made in South Korea. Micron Technology Inc had complained that South Korean producers were dumping chips in the United States. If the Commerce Dept had imposed tariffs of 10 percent to 20 percent, as predicted, Korean manufacturers might have been forced out of the US market, causing chip prices to rise. The low tariffs are seen as a setback for Micron Technology and other US manufacturers of dynamic random access memories and a boon to computer manufacturers. Chip prices in the United States might decline now. The ruling will mollify foreigners who feared protectionism by the Clinton administration.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1993
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U.S. says Japan is breaking vow on chip imports; failure to meet 20% goal in foreign market share to be issue for Clinton
Article Abstract:
US Trade Representative Carla Hills says Japan is not keeping its promise to buy 20 percent of its semiconductors from foreign manufacturers, but the Bush appointee will leave it to the incoming Clinton administration to solve the problem. Foreign firms held 15.9 percent of the Japanese chip market in 3rd qtr 1992, less than the 20 percent goal that the two countries agreed Japan should reach by the end of the year. Clinton's choice for trade representative, Mickey Kantor, has no public record on this issue. The fourth quarter figures will not be available until Mar 1993. Semiconductor Industry Assn spokesman Howard High says that the trade group will put off judgment until the 4th qtr figures are reported.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1992
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