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than 60 percent of those chips were produced by Japanese companies, semiconductor makers in the United States accused Japanese companies of export dumping for the purpose of driving makers in the United States out of the commodity memory chip business. Prices for the 64K product plummeted to as low as 35 cents apiece from $3.50 within 18 months, with disastrous financial consequences for some U.S. firms. On 4 December 1985 the US Commerce Department's International Trade Administration ruled in favor of

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