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August 10, 1988

US COMMERCE DEPARTMENT TO REDUCE THE FAIR MARKET VALUES OF CHIPS

By CBR Staff Writer

In what will surely prove a vain attempt to increase the supply of 256K memory chips to US manufacturers, the Commerce Department is to reduce the fair market values ascribed to the chips for the purposes of determining whether they are being dumped by Japanese manufacturers under the US-Japan Semiconductor Accord: as no-one is paying prices anywhere near as low as the old fair market value right now, it is hard to see the move having any effect until the shortage eases.

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