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Japan/South Korea: Japan to lift punitive tariffs on S. Korea's Hynix chips.

Thai Press Reports

| April 14, 2009 | COPYRIGHT 2008 Thai News Services. (Hide copyright information)Copyright

Section: General News - The Japanese government will lift punitive tariffs on computer chips from South Korea's Hynix Semiconductor Inc. makes, leading to a settlement of a three-year-old trade dispute between the two countries, Finance Ministry officials said Monday (April 13, 2009).

Following a recommendation from a ministry panel, the government is scheduled to eliminate the tariffs April 23, the officials said. The Cabinet is set to endorse the recommendation Friday.

Japan had claimed Hynix, the world's second-largest maker of dynamic random access memory chips, received South Korean government financial assistance in …

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