Sunday, January 25, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
NVIDIA Comments On GeForce GTX 970 Memory Allocation Reports
Google Comments On Lack Of Security Patches On Older Android Phones
Sony is Offering Old Games To Settle The 2011 PlayStation Network Breach
Sony Postpones Earnings Announcement
January Windows 10 Build Released Through The Windows Insider Program
Flexible Computers Are Stil Away From Reality
China Denies Microsoft Outlook Hacking Allegations
A Look at Microsoft's New Spartan Browser
Active Discussions
HELP!!!
full screen wide screen
UDF errors
Hi
The Simplest Way to Download KODAK HERO 7.1 Driver
About the restriction problem of chapter quantity in DVD
Booktype utilities for LiteON and OEM DVD Recorders
downgrade a nero vision 5 project to nero vision 2
 Home > News > Optical Storage > EU deci...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, December 20, 2001
EU decides anti-dumping tariffs for CD-R disc companies


The European Union (EU) announced its preliminary decision for new anti-dumping tariffs on CD-R discs from Taiwan companies. Ritek and Prodisc have both been ordered to pay 18.8%, while CMC Magnetics, which did not send in EU’s questionnaire before the deadline, must pay 39.5%. The new tariffs went into effect on December 19.

The EU has decided the amount of tariffs based on information provided by each company. So far, 16 Taiwan-based companies have cooperated with EU officials. The rest will have to pay the highest percentage of 39.5% if they choose not to disclose the needed information.

According to EU regulations, companies can appeal within a month after the preliminary decision is announced. Taiwan concerns now have until January 21 to file an appeal. After the final decision is made, tariffs will stay fixed for a one-year observation period, after which the EU will review new requests for lower tariffs.

CMC Magnetics was previously sued for dumping magnetic discs, and is well aware that the cost of hiring a lawyer – possibly more than NT$50 million – is not as sensible as investing in overseas expansion. CMC has chosen not to respond to EU requests.

Ritek and Prodisc both depend heavily on their European customers. More than a quarter of their shipments go to Europe. Therefore, they have been very cooperative with the EU. Even Ritek subsidiary Auvistar Industry has been given the lowest tariff of 18.8%.

According to ROC customs statistics, Taiwan commanded a 60.1% share of the EU market in 2000, exporting 1.235 billion optical discs, valued at US$460 million, to EU countries. In the same year, the EU accounted for 42.2% of Taiwan’s total US$1.09 billion of optical disc exports. The US came in second at 39.2%.


Previous
Next
All In One: DVD+RW Writer From Freecom        All News        All In One: DVD+RW Writer From Freecom
All In One: DVD+RW Writer From Freecom     Optical Storage News      All In One: DVD+RW Writer From Freecom

Source Link Get RSS feed Easy Print E-Mail this Message

Related News
Microsoft Outlines Basic Elements Of Direct3D 12
CD-R And CD-RW Discs Represent $368 Million in 2013 - CD writers and CD Combo Disappearing
New SDXC And SDHC Memory Cards Support 4K2K Video
LCD TV Panel Shipments Dip in Q3 For The First Time
CDSA Releases Updated Version of its Content Protection Security Standard
Sharp Launches The LL-S201A 20-inch Multi-Touch Monitor
Strong Shipments Reported For High-Resolution Tablet Panels in 2013
LCD TV Panel Inventory Rises, Spurring Price Drops
Sharp AQUOS DR TVs Pack 500GB HDDs, Blu-ray Drives
Sharp To Launch Redesigned AQUOS Quattron G9 LCD TVs
Global TV Market Won't Recover Until 2015
LCD TV Shipments Fall in 2012

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .