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UPDATE - U.S., China resolve semiconductor trade dispute

http://biz.yahoo.com/rc/040708/trade_usa_china_1.html
WASHINGTON, July 8 (Reuters) - The United States and China have resolved a dispute over Chinese market access for U.S. semiconductors, which led the United States to lodge the first World Trade Organization complaint against Beijing, the U.S. government said on Thursday.

A statement from the U.S. Trade Representative said the deal "will ensure full market access ... for U.S. integrated circuits in China," which is a market worth more than $2 billion to the U.S. industry.