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User: TaintedKernal

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  1. Re:I'm not a potato farmer on U.S. Imposes Big Tariffs On Korean Chipmakers · · Score: 1

    Occasionally I think the bottom of ignorance has been found, but occasionally I am surprised.

    You're scared of paying more for your electronics? Right now you are paying an unfair price for the memory you purchase. Price dips in the semiconductor, especially DRAM, industry is normal, but for pricing to be so low for so long is not. Hynix has been kept alive by its government. Hynix's process technology is old and outdated. Hynix is inefficient. Yet, their government keeps them floating because they like to see their country supplying the world with exports, regardless of the financial stupidity of pumping money into a company that is destined to die.

    I don't mind paying a fair price for what I purchase. We've been getting memory for less than it costs to make. Why all the uproar when the industry is now trying to get a price that provides some level of profit?

    There has been almost no direct negative press about MU in the local newspapers or media

    You live in Boise? Do you keep up with the news? The local media dislike Micron and will print/report anything degrading. By the local papers and news stations, Micron is near death, lays off every 2 weeks (one round of layoffs in the last 18 years), has sold different sites (that it still owns) innumerable times, etc, etc. There is no integrity of reporting in Boise because the local media will take any negative rumor about Micron and publish it.

    Hynix received illegal subsidies. There's little question on this matter. The government owns or runs the banks (except Citibank) and the banks are funneling BILLIONS of dollars into this sinking ship.

    Infenion, probably the most cutting edge DRAM manufacturer today, filed the same suits in conjunction to Micron's suit. They are as efficient and cutting-edge as it gets, and, yes, they have also been negatively impacted by Hynix's subsidies.

    Nobody is mentioning Samsung here. They are, by far, the largest DRAM manufacturer. They have received almost no government subsidies (.4%). They are the largest Korean exporter of DRAM. They will not be hit with tariffs. The United States and EU are not imposing tariffs on South Korea; they're imposing tariffs on Hynix.