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The article reports on a joint venture formed by Sony Corp. of Japan and Qimonda AG of Germany to design dynamic random access memory (DRAM) chips for consumer and graphic applications. According to Sony spokesman Chisado Kitsukawa, the joint venture would allow the two companies to expand their existing foundry agreement to develop graphic and consumer DRAM chips which are used in mobile phones and game consoles. The venture will be called Qreatic Design and will be based in Tokyo, Japan.

The article reports on the decision of Japan to join the U.S. and the European Union in levying tariffs on computer memory chips made by Hynix Semiconductor Inc.