TECHNOLOGY - June 1, 1996

Micron Seeks Probe of Korean Chip Makers: Micron Technology Inc. said it asked the U.S. government to investigate whether Korean companies Hyundai Electronics Industries and LG Semicon are selling computer memory chips below prices allowed by U.S. trade law. The request comes as memory-chip prices are plunging, forcing chip producers to cut output. Micron Chief Executive Steve Appleton said his company has “strong evidence” that the two firms are selling below production costs. Both companies were cited by the Commerce Department in 1993 for dumping chips in the U.S. after Boise, Iowa-based Micron sought an investigation.