Pentium chips could get pricier after World Customs ruling
PrintKorea introduces two year retrospective duties
Posted in Business, 10th June 1999 10:50 GMT
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A decision by the World Customs Administration to re-classify CPUs as components rather than chips could raise prices of PCs worldwide. According to English-language newspaper The Korea Herald, local customs authorities have imposed a retrospective tariff on Pentium IIs and Pentium IIIs imported since May 1997. Korean customs have just imposed an additional six per cent levy on the CPUs after a ruling by the WCO last May. That brings the tariff up to nearly 10 per cent. At press time, Intel was unable to respond to the reports. ®
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