In Europe and the United States reached MCP cancel tariff agreement came into effect in April 1st

The European Commission (European Commission) said on Tuesday that the United States, South Korea and Taiwan area before the date reached to eliminate multi chip package (MCP) components of the import tax and other tariff agreement.

Samsung Electronics is a leader in the MCP market, it has developed a special memory element for mobile phone, including the use of different manufacturing technology of multiple memory chip. The annual sales of MCP components are estimated to amount to billions of dollars, and are widely used in mobile phones, personal information management tools (personal organizer), MP3 players, as well as a variety of portable electronic devices such as car electronics.

The MCP agreement will come into effect on April 1st, thus eliminating taxes on the importation of MCP and other duties. The European Commission said that Japan has canceled tariffs on MCP, is expected in late 2006 to join the agreement. Other countries engaged in semiconductor production can also join.