Memorysolution applauds EU decision to repeal CVD on Hynix DRAM
Breisach am Rhein, Germany, April 14, 2007 – Memorysolution GmbH expressly welcomes the decision of the EU Council to repeal the countervailing duty imposed on imports of Hynix DRAM into the EU. The decision hast retroactive effect from December 31st, 2007. On December 1st, 2007 Memorysolution had been announced as new distributor for the CE market by Hynix Semiconductor Inc. (HSI) of Icheon, Korea, the world’s top tier memory semiconductor supplier offering Dynamic Random Access Memory chips (“DRAMs”) and Flash memory chips to a wide range of established international customers.
Under the terms of the contract, Memorysolution took over the distribution of the whole range of memory products manufactured by Hynix into the Central European markets. Henning Stork, Purchase Director of Memorysolution GmbH, comments the positive decision of the EU Council: “Although the CVD order of the EU council did not have much practical effect on the daily business, Memorysolution as the main distributor in the CE region however is very pleased to see the imposition of CVD on Hynix products coming to a just termination. We greet the lift of the CVD rule as a long overdue improvement of the situation, providing our strategic partner with even more flexibility in meeting customers’ needs. Hynix had fought the imposition of CVD before the European Commission and the WTO since their imposition five years ago, and the termination of the CVD measures not only acknowledges the technological leadership but also the sound economic strength of our Korean partner. We are especially proud that having Hynix as another strong partner on our side enables us to provide even better added value to our customers: a broadened product portfolio of high-end, proved and tested memory technologies equals and further increases high quality product availability. Our strategic partnership is a clear benefit for the often time-critical business of our customers.”
Founded in 1997, Memorysolution GmbH today is the leading independent specialized supplier for proprietary memory expansions, Generic Modules and flash-based products in Europe.
The Hyundai spin-off Hynix Semiconductor today is a technology leader (iSupply: no. 2 in DRAM, no. 3 in NAND in 2006) in the fields of DRAM and NAND memory. Through its global manufacturing and sales support network Hynix has emerged as a leading DRAM supplier to major OEMs worldwide. Hynix operates 300mm wafer fabs worldwide.
Currently, Hynix offers a full range of DRAM products with DDR, DDR2 and DDR3 interfaces. A family of Graphic DRAM (GDDR3, GDDR4 and GDDR5) are also available. Hynix also offers low-power DRAM products optimized for use in mobile applications such as cell phones and other handheld devices.
Since 2004, Hynix Semiconductor has also become one of the leading companies in the NAND Flash memory market. Hynix provides not only NAND Flash components for removable data storage devices such as Memory stick, MMC, SD, CF, xD Picture Card and USB flash drive, but also the total NAND solution for many kinds of digital applications such as MP3 player, Personal Media Player (PMP), Digital still camera, Digital camcorder, portable and desktop computer and mobile phones through Multi Chip Package (MCP), DOC (Disk on chip) and Embedded Flash Drive technology. Currently Hynix offers both SLC (Single-level cell) and MLC (Multi-level cell) products with a broad range of densities from 128Mb up to 64Gb.
Dealer prices are available upon request. Contact person for distribution related questions in the enterprise is Ralf Thoma.
Sales Director Europe
Tel.: +49 (0) 7667-9469-16
Fax: +49 (0) 7667-9469-69
Telephone: +49 (0)7667-9469-0
Facsimile: +49 (0)7667-9469-69
Marketing Communications Manager
Telephone: +49 (0)7667-9069770
Facsimile: +49 (0)7667-9069779
Founded in 1997, Memorysolution GmbH today is the leading independent specialized supplier for proprietary memory expansions, Generic Modules and flash-based products in Europe. Offering memory modules made by Qimonda, AENEON™, Hynix and OCI as well as flash memory products made by SanDisk and the private brand MaxFlash™, Memorysolution sets standards in regards to quality, price and reliability. The product portfolio is completed by the Original PenDrive© as well as other USB products and MP3 players made by Lavod and GBE. Three national branch offices, a fully-owned subsidiary in the US and the imminent opening of a subsidiary in Asia lay the foundations for a globally operating enterprise. Founder and Managing Director of Memorysolution GmbH is Gerald Diercks. Please find more information at http://www.memorysolution.com
About Hynix Semiconductor Inc.
Hynix Semiconductor Inc. (HSI) of Icheon, Korea, is the world’s top tier memory semiconductor supplier offering Dynamic Random Access Memory chips (“DRAM”) and Flash memory chips to a wide range of established international customers. The Company’s shares are traded on the Korea Stock Exchange, and the Global Depository shares are listed on the Luxemburg Stock Exchange. Further information about Hynix is available at www.hynix.com.
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