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Chinese solar panels may cost more: Directorate suggests 70% safeguard duty

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DGS acknowledges serious injury to domestic industry; no duty proposed on imports from the EU and US LATEST NEWS :  The Directorate General of Safeguards Duty (DGS), in its preliminary report investigating the dumping of solar cells, (whether or not assembled in modules or panels), has suggested a 70 per cent safeguards duty on imports from China. The DGS has identified ‘serious injury’ to the domestic industry caused due to increasing imports and declining prices of Chinese solar panels. “I recommend that pending a final determination, considering the average cost of sales by the Domestic Industry arrived at on the basis of import quantity ratio of solar cells and solar modules (confidential), a reasonable return on the cost of sales excluding interest, the present level of import duties, and the present average import prices, a provisional Safeguard Duty be imposed at the rate of 70 per cent (Seventy percent) ad valorem on the imports of the PUC (solar cells),” said th...

Qualcomm sues 4 Apple manufacturers over unpaid royalties

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Qualcomm sued the iPhones manufacturers for failing to pay royalties on the chip maker's technology Qualcomm Inc said on Wednesday that, it filed a complaint against the Foxconn Technology Group and three other contract manufacturers of Apple Inc for not paying royalties. The other manufacturers listed by Qualcomm were Pegatron Corp, Wistron Corp., and Compal Electronics Inc. Qualcomm filed the complaint in the United States District Court for the Southern District of California. Qualcomm, the largest maker of chips used in smartphones, is a major supplier to Apple and Samsung Electronics Co Ltd for modem chips that connect phones to wireless networks. Read this: Xiaomi Redmi 4 takeaways: A fine balance of software, hardware and design The iPhone maker sued Qualcomm in January, accusing it of overcharging for chips and refusing to pay some $1 billion in promised rebates. Qualcomm said last month that Apple had decided to withhold royalty payments to its cont...