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Hungary, which has one of the lowest life expectancy rates at birth in the European Union, has imposed taxes on salt, sugar and the ingredients in energy drinks, raising the prices of chips and other snack foods.
Like the Hynix board, Mr. Park attributed the troubles of the company "to a plunge in the prices of chips on the international market," according to Yonhap, the South Korean news agency.
It is also seeking justice for consumers in a more round-about way, since the prices of chips and computers have fallen over the years.
The Justice Department says that from July 1 , 1999 to June 15 , 2002 Infineon conspired with other DRAM makers, which the DoJ has yet declined to name, to fix the prices of chips sold to certain computer and server manufacturers.
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Also, stock prices of chip companies don't escape earth's gravity.
If the deal does go through, Micron could consolidate capacity, which would help support the price of chips.
Even if demand improves, the report said, the average selling price of chips will continue to cut into sales through year's end.
So far the Conservative leadership have offered soundbites about the price of chips in the Commons canteen, or proposed changes to parliament that would promote their party's interests.
If a Wal-Mart opens and reduces the price of salad to $1 a bag and the price of chips to 75 cents a bag, the "salad price" of chips has risen (from 1TK2 bag to 3TK4 bag) and the "chip price" of salad has fallen from 2 bags to 4TK3 bags.
IC Insights, a semiconductor market researcher, trimmed its forecast for microchip sales growth worldwide in 2003 because of the falling price of chips.
Rambus sued Micron, the Samsung Electronics Company and Hynix Semiconductor, claiming the chip makers conspired to fix prices of certain chips to make Rambus-designed chips more expensive and keep the company out of the market.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com