Option (Euronext: OPTI; OTC: OPNVY), the wireless technology company, notes that today the European Commission has opened an antidumping investigation of imports of wireless wide area networking (WWAN) modems from China. Option had requested the investigation and immediate registration of imports because of the severe injury caused by the sharp increase of obviously dumped imports into the European market.
Because of the rapidity of the increase in imports and severity of the resulting injury, the Commission has at the same time initiated a safeguard investigation on the request of the Belgian Government with regard to imports of WWAN modems.
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Because of the rapidity of the increase in imports and severity of the resulting injury, the Commission has at the same time initiated a safeguard investigation on the request of the Belgian Government with regard to imports of WWAN modems.
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