The Latest in IT Security

Infineon says to appeal EU price-fixing fine

03
Sep
2014

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, bank and ID cards and other applications. “Infineon rejects the allegations as unfounded,” Infineon said in a statement on Wednesday. “Infineon will review the decision very closely and is ready to appeal at the General Court of the European Union in Luxembourg,” it added.

Comments are closed.

Categories

SUNDAY, OCTOBER 24, 2021
WHITE PAPERS

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...

Featured

Archives

Latest Comments