On April 13, METI and MOF announced Japan will abolish countervailing duty ("CVD") for Hynix made in Korea DRAM, which is currently 9.1%.
This is expected as effective on April 23.
This CVD for Hynix Korea DRAM was implemented from January 2006, with the reason that Hynix was supported by subsidy by Korean government and it was used to lower the price of DRAM, consequently Japanese DRAM manufacturer negatively affected by that.
Initial CVD rate was 27.2% as of January 2006. Korea protested it to WTO, then after the investigation, the rate was lowered to 9.1% in September 2008.
Since then, re-investigation was made and now it was announced that the subsidy by Korean government is no longer effective in current situation, thus Japanese government decided to abolish this CVD.
Source: METI web site http://www.meti.go.jp/press/20090413002/20090413002.pdf
MOF web site: http://www.mof.go.jp/singikai/kanzegaita/siryou/kanb210413.htm