Hynix Braces for Tariff

" Hynix Semiconductor Inc. is taking steps to cope with a 35% duty that may soon be imposed against the chipmaker for allegedly illegal subsidies from the Korean government, an official told EBN Monday.

Faqrhad Tabrizi, vice president of worldwide memory marketing at Hynix, said the European Commission (EC) had notified member countries that it will make its preliminary decision public at the end of April. He confirmed early reports that the EC administrative body indicated that ruling would levy 35% penalty duties on Hynix DRAMs. "
Micron is playing hard ball now.

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