Infineon said it would appeal against an 82.8 million euro (66.1 million pounds) price-fixing fine imposed by the European Commission and was prepared to take the matter to court. EU antitrust regulators earlier fined Philips, Samsung Electronics and Infineon a total of 138 million euros for fixing prices of chips used in mobile SIM cards, […]
Infineon brushed off concern that it was spending too much to buy U.S.-based International Rectifier, saying the deal promised a wealth of benefits for the German chipmaker. Infineon announced the $3 billion cash deal late on Wednesday. The price was 51 percent above International Rectifiers market value before it was announced and Infineon shares fell […]
FRANKFURT (Reuters) – Germanys Infineon is poised to buy a U.S.-based semiconductor company for about $2 billion, a person close to the deal told Reuters on Wednesday. Bloomberg earlier cited people familiar with the matter as saying a deal could be announced later on Wednesday. Bloomberg had named Power Integrations, Fairchild Semiconductor and Semtech as […]
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