Anti-dumpling case examined by the European Union to be determined recently; CD-R manufacturers to enhance manufacture in Europe

E011128Z8 Dec. 2001(E28)

Source: Commercial Times 11/28/2001
Translated by Joanne Lue

 The anti-dumpling case examined by the European Union against Taiwan CD-R manufacturers has entered into the final stage of examination.  According to some senior staff of Ritek Corporation, Ritek’s tax rate will be fixed at about 20% as a result of its cooperation in the European Union’s examination.  As to other manufacturers which were taken as sampling but did not cooperate in the examination, their tax rate is likely to be fixed at 38%.

 Ritek Corporation further indicated that setting up a factory overseas is a necessary policy to evade the anti-dumpling tax.  It plans to enhance the monthly product capacity of its European factory from 3 million pieces to 10 million.

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