APPLE APPEALS TARIFF ON FLAT PANEL DISPLAYS
APPLE APPEALS TARIFF ON FLAT PANEL DISPLAYS WASHINGTON, Nov. 4 /PRNewswire/ -- Apple Computer Inc.
(NASDAQ: AAPL) today announced that it has filed an appeal with the Court of International Trade here, asking the court to reverse the imposition of a 62.63 percent tariff on active matrix flat panel displays. The tariff was imposed in August when the International Trade Commission found that Japanese manufacturers had caused material injury to flat panel display manufacturers in the United States.
"The ITC finding is ultimately and unfortunately a major setback to U.S. competitiveness," said James Burger, manager of Apple Government Law. "We feel very strongly that the finding of material injury in the ITC decision is factually incorrect and not supported by substantial evidence. There can be no injury when there is no viable U.S. display industry to injure. The reality of this situation is simple -- there are currently no U.S. flat panel display manufacturers that can possibly supply this critical component in the quality and quantity necessary to keep U.S. manufacturers competitive with global challengers in the laptop and notebook markets." The U.S. Commerce Department ruled in July that manufacturers of flat panel displays were selling their products in the United States at less than the fair market value. The Commerce Department recommended 62.63 percent dumping margins on foreign makers of active matrix liquid crystal displays. Apple, along with IBM, Compaq Computer Corp., and Tandy Corp./Grid Systems, argued before the Commerce Department that there currently is not a viable U.S. flat panel display industry and that if dumping margins are imposed, U.S. computer manufacturers would be faced with a disadvantage against foreign competitors and would be forced to move production of portable computers offshore. Apple currently uses the active matrix flat panel display in its top-of-the-line Macintosh PowerBook 170 notebook computer. Previously, the company used the display in its Macintosh Portable, which was introduced in September 1989. Apple, the Apple logo, and Macintosh are registered trademarks of Apple Computer Inc. -0- 11/04/91 /CONTACT: Cindy McCaffrey of Apple Computer Inc., 408-974-1578/ (AAPL) CO: Apple Computer, Inc. ST: California IN: CPR SU: JP -- SJ007 -- 0842 11/04/91 15:43 EST
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|Date:||Nov 4, 1991|
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