Last updated at: (Beijing Time) Thursday, March 25, 2004
TV makers rally support for dumping case
In the run-up to a final ruling by the U.S. Department of Commerce (DOC) in April, major Chinese television makers are seeking support from the industry and the publicin to fight a U.S. dumping charge that threatens to hand down hefty tariffs on Chinese TV imports.
In the run-up to a final ruling by the U.S. Department of Commerce (DOC) in April, major Chinese television makers are seeking support from the industry and the publicin to fight a U.S. dumping charge that threatens to hand down hefty tariffs on Chinese TV imports.
In a statement issued earlier this week, Shenzhen Konka Group called on "people from all walks of life to support Chinese TV industry, our efforts to respond to the charge and our attempts to create a level playing field in the international market."
The DOC issued its preliminary ruling in November last year that Chinese TV makers had sold dumped their products in the United States. It also imposed provisional anti-dumping duties ranging from 28 to 46 percent on Chinese TV imports. The agency is scheduled to make its final determination next month, which will be reviewed by the International Trade Commission by May.
Konka said that domestic TV makers had encountered extreme difficulties in responding to the U.S. charge since the United States launched its investigation into the dumping complaint filed by Tennessee-based electric appliance company, Five Rivers Electronic Innovations, and two U.S. labor unions of television assembly workers.
Konka said it was willing to share its "experience and lesson" gained from respondint to the U.S. charge.
Sichuan Changhong, the country's largest TV maker, echoed Konka's high-profile move to seek public support by urging domestic TV makers to unite their efforts to fight the U.S. action.
In a statement Tuesday, Changhong said the U.S. dumping charge targeted the Chinese TV industry as a whole rather than some specific TV makers. The Shanghai-listed firm said domestic TV makers should move to defend their "common interest".
Konka sold 7.91 million TVs last year to hold 18.7 percent of the domestic market, the Ministry of Information Industry (MII) said in a recent statement.
Domestic market research firm China Market Monitor Co. said last month that Konka, Changhong and TCL were the top three TV makers in the domestic market last year.