Matsushita, Hitachi back NEC ,Toshiba DRAM dumping charge
All accuse Samsung and Hynix of selling memory too low
It looks like NEC and Toshiba - now joined by Mitsubishi and Hitachi - will indeed make an official complaint to Japan's trade authorities that Korean memory makers Samsung and Hynix are dumping memory in Japan.
NEC and Toshiba admitted earlier this week that they were considering making such a complaint, which claims Hynix and Samsung are selling DRAM in Japan for less than it costs them to produce. A month or so back, Micron said it was considering making a similar complaint to the US government.
Samsung and Hynix have both denied the charge, claiming that their accuses charge as little for memory in Japan as they do. NEC, Toshiba, Hitachi and Matsushita will presumably respond that they are simply following a trend established by their Korean rivals.
However, the onus is certainly on the four Japanese companies to provide sufficient evidence for the authorities under the auspices of the Ministry of Finance to commence an official investigation of the Koreans' pricing and whether the four lost money specifically as a result of it. ®